Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    DOF confirms sale of Skandi Santos

    Vessel & ROV News // September 21, 2016

    DOF Subsea has confirmed the sale of the vessel Skandi Santos to a newly-formed joint venture between Akastor and Mitsui and says the sale will release approximately NKr350 million (US$42.2 million) in liquidity after coverage of all costs and repayment of debt.

    DOF Subsea Rederi has been the vessel’s registered owner since its delivery in 2009, and the vessel has operated under a bareboat charter contract with AKOFS from delivery.

    Norskan Offshore Ltda in Rio de Janeiro, a subsidiary of DOF ASA, has been the marine manager and marine personnel operator of the vessel under a separate contract with Petrobras, under which the vessel has been and will continue to be engaged.

    The services of Norskan will continue unchanged. DOF Subsea ROV, a subsidiary in the DOF Subsea, will continue to own and provide ROVs, and its affiliate DOF Subsea Brasil Servicos Ltda in Brazil will continue to provide ROV services onboard the vessel.

    More articles from this category

    More news