Expanding Cyprus-based owner Sevnor has acquired one of the four offshore vessels being sold by Olympic Ship as part of its restructuring.

The company has taken over the 162-bp anchor-handler Olympic Poseidon (built 1998), E24 reported.

The vessel has been renamed Sayan Cloudberry and will be converted into a standby ship after 18 months in layup.

Hoyland Offshore, which already handles one ship for Sevnor, will manage the unit.

Tom