Norway’s DDW Offshore, a subsidiary of Akastor, has revealed that the sale of the anchor handling tug supply (AHTS) vessel Skandi Peregrino has fallen through.
DDW Offshore agreed to sell the 2010-built AHTS for a purchase price of $25m to an undisclosed client in early March.
Some $10m from the acquisition was supposed to be used to repay a proportional portion of DDW Offshore’s debt, with the remaining debt being about $19m.
The company said at the time that the completion of the sale was conditional on the charterer’s consent.
However, the Norwegian firm has disclosed that the charterer chose not to go novate the deal, thereby cancelling the sale.
Before entering negotiations regarding the sale, DDW Offshore won a one-year charter for the vessel, and the anchor handler started work in Australia in January. The fixture has a further 24-month priced option.
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