Norway's Simon Mokster Shipping has sold a platform supply vessel out of the over-tonnaged North Sea market.

The 4,500-dwt Stril Myster (built 2003) was laid up in April in Stavanger, Norway, as the combined impact of low oil prices and Covid-19 led to a rapid reduction in demand.

"Given the downturn in the market, and with a lack of reactivation opportunities in Mokster’s core markets for the foreseeable future, the vessel has been sold out of the offshore industry," Norwegian broker Seabrokers said.