Marlow Navigation strengthens offshore vessel operations
Cyprus-based owner and manager buys Germany’s Opielok Offshore Carriers.
Marlow Navigation has bought Opielok Offshore Carriers in a move designed to strengthen its offshore vessel operations.
Negotiations for the deal started late last year, but no financial details have been released.
Opielok is listed with four platform supply vessels (PSVs) built between 2008 and 2012.
VesselsValue assesses the fleet’s value at $19m. Marlow is best known as a boxship and bulker operator and has 24 ships worth $359m.
Marlow said the key focus and drive of the merger is the retention of “well-tested and proven qualities”.