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    Red7Marine acquires former DP Reel

    Vessel & ROV News // June 8, 2011

    Seabrokers has confirmed that Red7Marine in the UK has acquired the UT 705 DP Reel (ex-Tender Contest ex-Highland Reel) for a consideration of $5 million (US$ 8.1 million).

    Red7Marine was formed in 2009 by the amalgamation of Anglian Marine Services and Haven Ports and the new acquisition represents the realisation of an ambition to operate their own DP2 offshore support vessel.

    The vessel is being fitted with a comprehensive offshore diving system and survey suite and will shortly commence operations serving her new owner’s clients.

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