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    Neptun Marine Services to acquire AHTS Nor Sea

    Vessel & ROV News // May 28, 2008

    Nor Offshore Ltd, in which Solstad Offshore hasa 50 per cent shareholding, has entered into an agreement for the sale of the AHTS Nor Sea to Neptun Marine Services Ltd.

    Nor Sea (5,500 bhp) was built in 2005 is due to be delivered to her new owners in the third quarter of 2008.

    The sale will give Nor Offshore a a gain of approximately US$17.5 million, which will be booked at the time of delivery of the vessel.


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