Sale of Rem Stadt

After two decades working for Statoil in the North Sea, the vessel Rem Stadt has now been sold to an Indian company.

The vessel, delivered in 1996, was sold at approximately book value, so it does not make a major impact in the financials.

“It has been an exceptionally good vessel that has earned a good reputation both for vessel and crew onboard. It is therefore sad to sell Rem Stadt that is still in good condition, according to CEO Karsten Sævik.