The Norwegian company manages three of the six vessels originally built on a speculative basis by Ulstein for its shipowning wing, Blue Ship Invest.
But Atlantic decided to terminate the agreement after they were snapped up by the spin-off of Herbjorn Hansson’s Nordic American Tankers (NAO) late last year.
The two companies occupy the same PSV space in the offshore sector and are likely to be going head to head for the same contracts, Atlantic said today in a statement.
It
