Australian OSV operator MMA Offshore has accomplished the sale of an additional two vessels; a platform provide vessel, Mermaid Vigilance, renamed Iris, and an anchor dealing with tug provide vessel, MMA Chieftain, for a complete of $5.5m.
The 2009-built PSV was acquired by Abu Dhabi-based OSV supplier Allianz Marine earlier this 12 months for $2m, in keeping with VesselsValue information. Allianz was subsequently taken over by Dubai-based asset administration and funding banking agency Shuaa Capital. The client of the 2010-built AHTS has not been revealed.
MMA stated the sale values for these vessels have been according to the belongings held on the market on the corporate’s stability sheet and that the proceeds might be used to pay down debt. For the present monetary 12 months, MMA has banked round $13.4m from vessel gross sales, towards belongings held on the market at the start of the monetary 12 months of some $23.4m. Earlier in March, the 2010-built PSV MMA Leveque was bought to a subsidiary of Fortescue Future Industries (FFI) for $7.75m.
David Ross, MMA’s managing director, commented: “We’re happy to make additional progress on our non-core vessel gross sales program and the continued deleveraging of our stability sheet. We’re assured of closing out the vast majority of the rest of the non-core vessel gross sales program within the coming months.”