Dubai-based owner Telford Offshore has almost trebled its fleet in a deal to acquire seven vessels from liquidated Sea Trucks Group (STG), as well as West African Ventures.
The company was launched last year as part of bondholders’ efforts to recover value from STG.
It has now added the laid-up 7,100-dwt DP3 pipe-layer and accommodation unit Jascon 30 (built 2007), to be renamed Telford 30, to its fleet, together with six anchor-handlers (AHTS).
