The Oslo-listed owner will book NOK 15m ($2.4m) gain in the first quarter fromthe sale of the 3,225-dwt PSV Far Grimshader (Built 1983), it announced today.

Farstad delivered the vessel, which was operating in the North Sea spotmarket, to its new owner on Friday.

The sale leaves the company with a fleet of 58 offshoresupport vessels including 25 PSV, 30 AHTS and three subsea vessels.

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