DOF Rederi AS has sold the 2011 built PSV, Skandi Gamma.
The vessel will be delivered to the new owners in April and DOF will continue as
technical and commercial manager for the vessel.
Mons S. Aase, CEO DOF Group AS, says: "The sale of another PSV is in line with
our long-term strategy to focus on the integrated subsea services and the short
to medium term focus on optimising the combination of earnings and vessel values
from our PSV fleet. With this sale the leverage of DOF Rederi AS is further
reduced to approximately 1.5x NIBD/EBITDA using 2023 earnings".
For further information, please contact:
Mons Aase, CEO, DOF Group ASA
Phone: +47 91661012
Hilde Drønen, CFO, DOF Group ASA
Phone: +47 91661009
E-mail: hilde.dronen@dof.com
About DOF Group ASA
With a multi-national workforce of about 4,000 personnel, DOF Group ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity. DOF's core businesses are vessel ownership, vessel management,
project management, engineering, vessel operations, survey, remote intervention
and diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry. The Company's main
operation centers and business units are located in Norway, the UK, the USA,
Singapore, Brazil, Argentina, Canada, Angola, and Australia.