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Fri, Feb

DOF Upgrades AHTS Fleet

Offshore Engineer
DOF Group has entered into an agreement to purchase the very high-end AHTS vessels Aurora Saltfjord and Aurora Sandefjord.The vessels are 2011-built and feature…

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© Julian / Adobe Stock
© Julian / Adobe Stock

DOF Group has entered into an agreement to purchase the very high-end AHTS vessels Aurora Saltfjord and Aurora Sandefjord.

The vessels are 2011-built and feature a bollard pull of almost 400 metric tonnes, making them among the most powerful AHTS vessels globally.

The vessels are among the most recently built in their segment (AHTS >300mt bollard pull), a segment which sees no newbuilding activity due to prohibitive newbuilding costs.

DOF sees a very strong market outlook for projects that require high-end AHTS vessels in the years to come, and the lack of such high-end AHTS capacity has been a constraint for DOF in recent tendering activity.

As a step to high-grade the AHTS fleet aligned with the company’s strategy, DOF has agreed to sell the AHTS vessel Skandi Laser (2010 built, 252mt bollard pull) subject to final documentation. The vessel has recently been working on a subsea project in West Africa and in the spot market.

The net investment from the transactions is approximately USD 100 million, of which approximately USD 30m is expected to

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