Solstad Offshore’s subsidiary Farstad Marine has sold PSV Far Supplier to an undisclosed buyer.
Far Supplier was delivered to its new owner on 21 November. The vessel’s sale will result in a minor positive accounting effect for Q4 2018.
The PSV was built in 1999 by Kvaerner Govan in Glasgow. It measures 83 m in breadth by 19 m in length and has a maximum draft of 6.33 m. Its dwt is 4,709.
Norwegian OSV operator Solstad Offshore was previously known as Solstad Farstad, formed from the merger of the original Solstad Offshore, Farstad Shipping and Deep Sea Supply in June 2017.
In October, the company announced it planned to speak with lenders with a view to improving the company’s liquidity in anticipation of what it described in a statement as a “challenging” North Sea winter season.