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OceanPact Buys Two AHTS Vessels from Akastor’s DDW Offshore

marinesalvage by marinesalvage
November 5, 2023
in Tug&Barge&Salvage
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OceanPact Buys Two AHTS Vessels from Akastor's DDW Offshore
Credit: Akastor

Credit: Akastor

Brazilian offshore assist vessel service firm OceanPact has acquired two AHTS vessels, Skandi Saigon and Skandi Pacific, from Akastor’s subsidiary DDW Offshore.

OceanPact chartered the two vessels in March 2021 to assist Petrobras’ operations, with OceanPact having a purchase order obligation on the finish of the bareboat time period.

“Following the expiry of the constitution interval, each vessels are actually bought to OceanPact for the agreed money cost of USD 18 million for each vessels, of which 50% can be shared with the DDW Offshore lenders in accordance with the revenue break up settlement that was a part of the DDW Offshore restructuring accomplished in October 2020. The remaining a part of the gross sales proceeds will go to scale back web debt in DDW Offshore, Norway-based Akastor stated Monday.

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