en.Wedoany.com Reported - Norwegian offshore vessel operator DDW Offshore recently signed an agreement to sell its 2011-built anchor handling tug supply vessel "Skandi Emerald" to an undisclosed buyer for a total price of $23 million. DDW Offshore is a subsidiary of Norway's Akastor.
According to a filing with the Oslo Stock Exchange, the purchase agreement was drafted based on the Saleform 2012 standard form, with appropriate adjustments made for the specific circumstances of this anchor handling vessel sale. The transaction is subject to several customary closing conditions, and all closing procedures are expected to be completed in the second quarter of 2026.
Following the sale of "Skandi Emerald", DDW Offshore's revolving credit facility will be reduced from $16 million to $8 million. The sale of this anchor handling vessel will help DDW Offshore optimize its fleet structure and improve its financial position.
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