Havila, POSH JV shed another anchor handler

Norway’s shipowner Havila Shipping has sold another anchor handling tug and supply (AHTS) vessel jointly operated with POSH.

Havila said it sold and delivered the AHTS vessel POSH Viking to an undisclosed buyer last Friday.

The company added that the sale was carried through as a part of the financial restructuring, and has limited effect on the company’s result and liquidity.

POSH Havila Pte Ltd, a 50-50 JV company between Havila and Singapore’s PACC Offshore Services Holdings (POSH), used to jointly operate four vessels, POSH Venture, POSH Viking, POSH Vibrant, and POSH Virtue.

In its 2016 annual report, Havila announced that the JV company would be wound up and all four vessels sold as part of its restructuring plan. The POSH Viking is the second vessel sold by the company after the POSH Venture was sold in late April.

As for the vessel itself, the POSH Viking was built in 2008 by Yuexin Shipbuilding, China. It is 70 meters long, 16,5 meters wide with a deadweight of 2,597 tonnes and accommodation for 40 persons.

Offshore Energy Today Staff