Norway’s Standard Supply has made a useful profit from selling a platform supply vessel it acquired out of lay-up last year.

The Oslo-listed company, backed by tycoon Oystein Stray Spetalen, said the 3,100-dwt Standard Duke (built 2012) fetched $11m from an unnamed buyer.

The midsize former Highland Duke was bought in June 2022 for a total of $7m, including reactivation costs, the seller added.