Maersk Supply Service, a Danish provider of offshore support vessels, continues trimming down its OSV fleet.

In line with last month’s decision to unload 20 vessels from its OSV fleet, Maersk Supply Service has this week sold another vessel.

The Danish firm has now sold the Maersk Forwarder platform supply vessel and handed it over to the new owner on Thursday, September 8.

According to Maersk, the 1992-built vessel will be modified and will not compete in the offshore supply vessel sector. The company did not reveal financial details, but according to the VesselsValue estimates, the Maersk Forwarder market value is around $1.22 million.

The company said its divestment plan was intended to help restore the supply and demand balance in the offshore supply market. The company has so far sold Maersk Finder, Maersk Puncher, Maersk Provider and Maersk Forwarder, leaving the fleet at 53 vessels.

Maersk Puncher, Maersk Finder, and Maersk Provider were sold for an undisclosed price to Turkish Karadeniz Holding in August. The vessels will be modified and removed from the offshore market. VesselsValue estimates the August deal from Maersk to Karadeniz Holding to be worth $4.15 million.

As for the Maersk Forwarder, the buyer has not been disclosed. However, the vessel is currently moored in Yalova, Turkey, so it might be that Karadeniz bought this one as well.

To remind, along with the vessel cutting plan, Maersk Supply Service in August said it would reducing its crew pool by 400 offshore positions.