EUROPE

Subsea outlook bleak

DOF Subsea has sold subsea project vessel Skandi Protector to the Australian government, the second vessel sale in a month as the Norwegian firm battens down the hatches for another expected tough year in 2016.

Anthony Barich

The Skandi Protector, which will be delivered to the new owner in early 2016, is Aker's ROV 06 design. It was built in 2007 and served under contract with the Australian authorities from 2010 to end...

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