Norway's Farstad Shipping has sold another ship in the offshore downturn.
It said it has offloaded the 3,100-dwt UT 705-type platform supply vessel (PSV) Far Scandia (built 1991).
The unnamed buyer took delivery on Friday.
Far Scandia is currently moored in Vung Tao, Vietnam.
The deal will entail a loss of NOK 8m ($0.91m) in the fourth quarter.
The company said its net deficit in the third quarter was NOK 435.33m.
