Another platform support vessel is to be laid-up as a combination of massive oversupply and low rates make chartering unprofitable.

The 3,098-dwt PSV Boa Fortune (built 1992) has left Aberdeen and is heading for a lay-up berth near Trondheim.

PSVs operating in the UK sector of the North Sea are currently earning as little as £2,500 a day ensuring certain losses for owners.

The Boa Fortune is heading for Norway where lay-up is more economical than Scotland.