The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

rem-offshore.no

Stage

Acq - P2P | Acquired

About REM Offshore

Rem Maritime, dba REM Offshore, is a fishing and supply shipping company. The group operates two platform supply vessels, one anchor handling tug supply vessels, and two multi-purpose supply vessels. In addition, the group has two fishing vessels. REM Offshore previously traded on the Oslo Stock Exchange under the ticker REM.

REM Offshore Headquarter Location

Holmefjordvegen 6

Fosnavag, NO-6090,

Norway

+47 700 81 160

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest REM Offshore News

Rem Offshore Buys PSV Quartet as Axe Falls on K-Line Offshore

Dec 17, 2021

File Photo: K-Line Offshore Offshore vessel operator Rem Offshore said Friday it had agreed to buy four platform supply vessels from K-Line Offshore AS, which is set to be dissolved and cease to exist. K-Line Offshore, was established in Norway by Kawasaki Kisen Kaisha (K” LINE) in 2007, which wanted to enter the offshore support vessel (OSV) business, expecting stable demand in the oil and gas fields of the North Sea. However, "K” LINE said Friday that K-Line Offshore "had long struggled after energy price decline, heavily affected by dropped market since then." "It was decided after careful consideration that the best solution should be to sell all the vessels and dissolve [K-Line Offshore] taking expected profitability of OSV business into consideration," the parent company said. "K" LINE said it would sell four platform suppliers and two anchor handlers, without disclosing the buyers' names. However, Rem Offshore announced Friday it had agreed to buy the four PSVs. The vessels will in question are the KL Brevikfjord, KL Barentsfjord, KL Brisfjord, and KL Brofjord, all of the STX PSV06 design. "In REM we have always had the highest respect for these vessels due to their unmatched specifications and reputation in the market. "To be able to own and manage them in the future will be a task we enter with respect, both towards the previous owners and their impeccable operational standards and towards the vessels themselves who have been providing a safe and strong working platform for clients across the North Sea for a number of years," Rem Offshore said. Rem Offshore did not share the financial details of the purchase. "K" Line said it expected to deliver the vessels in the fourth quarter of the fiscal year ending March 31, 2022, with the date of K-Line Offshore dissolution scheduled for the first half of the fiscal year ending March 31, 2023.

  • Where is REM Offshore's headquarters?

    REM Offshore's headquarters is located at Holmefjordvegen 6, Fosnavag.

  • What is REM Offshore's latest funding round?

    REM Offshore's latest funding round is Acq - P2P.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.