Despite the downturn in the OSV market it looks like Edison Chouest have the capital available to pick up some OSVs going at bargain prices.
The vessel they are buying was due to be bare boat chartered by the UK shipping company Fletchers Shipping, but due to the weak market that charter has been cancelled. The boat fitting out of the vessel has not even been completed, but is very close to being finished.
The vessel was reportedly built for a price in the region of 200m NOK ($25.7m) and is being sold at a big loss by the builder Simek. So Chouest seem to have a grabbed a real bargain here.
Specifications for the vessel can be found here:
Here is a quote badly translated in google translate:
"Scheduled to Simek A / S deliver BNR. 133, one UT 755 LC, Fletcher Shipping in June. Tight delivery was discontinued relationship, and Simek was left with a near finished product without receiver.
After a few hectic days dropped pieces left in place for the yard. One of Simeks old connections, Edison Chouest, entered into the contract. Sales Gunnar Nordbø by Simek A / S tells Skipsrevyen that BNR 133 largely are identical to “C-Viking” that the shipyard delivered to Edison in 2012, this is thus ship no. 2 from Simek to the same company. - We have a few weeks for us to build in a little extra, including installing fire cannon and do something ommalingsarbeider, he said"