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    Broker reviews recent secondhand sales

    Vessel & ROV News // December 10, 2004
    Fearnleys Offshore Supply reports the following sales:AHTS Seabulk Penguin II (built 1976 - 7,760bhp) has been sold to Magnum International at undisclosed terms.

    AHTS Jaya Hull 838 (AHTS - 10,880bhp) has been sold to Wise Innovations of Malaysia, at private terms, who will take delivery upon completion of the vessel during December 2004. The vessel has been named Nadia Adip and has been fixed to Petronas on a long term charter.

    The AHTS Lady Elaine" (built 1983 - 10,560bhp) has been sold to Pertra Perdana Berhad, Malaysia for US$6.25 million. Delivery was expected last month.

    The AHTS Lewek Falcon"(built 1983 - 6,000bhp) has reportedly been sold to unknown clients for about US$3.5 million.

    The PSVs Malaviya 11 and Malaviya 14 (built 1989 - 885dwt) have been sold to Middle East clients for an undisclosed price.

    The UT 708 AHTS Far Turbot (built 1980 - 10,560bhp) has been sold to Shanghai Offshore Petroleum Exploration & Development Corporation for US$5.6 million.

    The UT 708 AHTS Maersk Trader (built 1983 - 12,240bhp) has reportedly been sold to Shanghai Offshore Petroleum Exploration & Development Corporation forUS$5.8 million.

    Seacor has exercised its option to purchase Hull 844 from Jaya and the vessel will be named Seacor Acclaim. She is a 70m DP2/FiFi 1 AHTSV of 5,500bhp with increased accommodation. Delivery of the vessel will take place by mid/end December 2004.

    The standby vessel Toisa Plover (built 1979 - 2,250bhp) has been sold to Nomis Shipping for an unknown price. The vessel will be renamed Dea Server.

    The AHTS Jaya Marlin and Jaya Mermaid (built 2001 - 5,000bhp) have been sold to Lamnalco Group, United Arab Emirates at a price of approximately US$5.1 million. Both vessels have long term commitments in Equatorial Guinea.

    The PSV Bourbon Reel (built 1976 - 3,100dwt) has been sold to Argo SRL, Italy for a price of about US$3.25 million. The vessel has been renamed DP Reel.

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