K Line Offshore Sells 15-year-old PSV

Maritime Activity Reports, Inc.

May 14, 2019

Image: K Line Offshore

Image: K Line Offshore

The offshore support vessel provider for the global oil and gas industry, K Line Offshore has sold one of its platform supply vessels (PSV) to Gard Supply AS.

The Norway-based offshore division of Japan's K Line said that the the 2004-built PSV KL Arendalfjord is its very first ship.

"A Protocol of Delivery and Acceptance was signed and KL Arendalfjord was delivered by K Line Offshore AS(KOAS) to Gard Supply AS in Tønsberg, Norway," said the press release from the shipowning and operating company with high end PSVs and two of the world's most powerful AHTS.
 KL Arendalfjord was delivered from Vard, Brevik in 2004 and acquired through a long term bareboatcharter by KOAS in 2009.

The vessel is the UT755L-type with deck area of 680m2. KOAS had the vessel as a front-runner for the four PSV’s of 06CD-design and deck area of 1.100m2 delivered from Vard, Brevik 2010/11.

KL Arendalfjord secured in 2010 a term contract with Petrobras in Brazil which lasted for 5 years. After expiry of the contract the vessel sailed back to North Sea and due to the significant drop in the activity the vessel went to lay-up in Porsgrunn in the winter of 2016 and continued the lay-up until the sale to a new owner.  

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