Danish offshore vessel owner Maersk Supply Service has decided to recycle three of its older vessels that have been laid up in Fredericia, Denmark.
The three vessels, Maersk Helper anchor handler, and Maersk Attender and Maersk Winner subsea support vessels, will be towed to Fornæs yard in Grenå for recycling.
Maersk Supply Service COO Mark Handin said:"Maersk Supply Service regularly evaluates its fleet composition and the future deployment of our fleet. As we look to prioritize capital allocation, we see many more attractive investment opportunities which better deserve our focus.
"Based on this, we have concluded that recycling these three assets is the best outcome. In so doing, we continue to take active steps towards right-sizing the supply side of the market, which the OSV industry needs for a sustainable recovery.
Worth noting, the Danish offshore vessel owner has recently decided to enter the offshore wind turbine installation business, by ordering a wind turbine installation vessel from Singapore's Sembcorp Marine.
The vessel has already secured a contract with Equinor and BP and will be used for the installation of wind turbines at the Empire Wind offshore wind farm in the U.S.