Sevnor expands further. Buys Tidewater PSV

Cyprus-headquartered offshore vessel owner Sevnor has reportedly acquired a newbuild platform supply vessel in Turkey.

This piece of information was shared on Tuesday by the Norwegian shipbroking company Westshore.

According to Westshore, Sevnor has bought the 89.1 meters long Troms Polaris PSV from Tidewater. The vessel is currently being completed at the Tersan shipyard in Turkey.

Sevnor has reportedly renamed the vessel to the Sayan Polaris. Offshore Energy Today has reached out both to Sevnor, and Troms Offshore – a Tidewater company –  seeking more info on the reported transaction. We will update the article if we get a response.

This acquisition, if proven true, marks the second OSV acquisition for Sevnor this year.

Namely, the company in February bought the Olympic Poseidon AHTS– and renamed it to Sayan Cloudberry. The sale of the Poseidon was part of Olympic’s restructuring plan, which called for the company to sell four vessels, among other things.

As for Sevnor, the acquisition will increase its fleet to four offshore vessels. Namely, apart from the Sayan Polaris and Sayan Cloudberry, the company also owns the Sayan Princess PSV, and another AHTS which is set to be named and delivered in 2017.

Offshore Energy Today Staff