Singapore’s PACC Offshore Services Holdings (POSH) has confirmed the sale of an older anchor-handler as it focuses on fleet renewal.

Brokers said the 5,000-bp Salvirile (built 2005) had gone for $0.8m to undisclosed interests.

The company told TradeWinds: "We confirm we have sold the 2005-built Salvirile. However, we cannot comment on or provide details on specific deals as we are bound by non- disclosure agreements."