Improving offshore markets has helped UK shipowner James Fisher secure an increased sale price for the last of its offshore support vessels.

Indian bulker and offshore vessel owner Seamec has agreed to pay $24m for the 4,400-dwt dive support vessel Subtech Swordfish (built 2007).

The transaction remains subject to completion of the formal sale process, including issuing of a notice of readiness and completion of flag requirements, James Fisher said.