Norway's Olympic Subsea has found a buyer for a stacked platform supply vessel (PSV).

It said the 4,200-dwt Olympic Princess (built 1999) was delivered to an unnamed new owner on Wednesday.

Its sale will have an "immaterial" effect on the company's result for the third quarter, it added.

The vessel was laid up in November 2015 in Fosnavag, according to broker Westshore.