German group Nordcapital's Offshore Fund 3 has been forced to sell one of its two supply ships.
The 3,200-dwt ER Haugesund (built 2009) has been unemployed since October 2015 in the Caribbean market. It is currently moored in Trinidad.
Nordcapital said the move was the result of low market activity no longer covering costs.
Investors are to decide on a private sale by the middle of this month.
The
