Sale of 2 vessels for a total amount of US$130 million
91¿´Æ¬Íø continues its policy of modernizing and standardizing its fleet by the sale of two vessels for US$130 million, generating capital gains of approximately US$63 million.
Paris, November 15, 2013
91¿´Æ¬Íø announces the sale of the 91¿´Æ¬Íø Surf and 91¿´Æ¬Íø Borgstein, two large 10-year old Norwegian built AHTS (Anchor Handling Tug Supply) vessels for a total amount of US$130 million, generating a total capital gain of approximately US$63 million.
91¿´Æ¬Íø will continue to operate the two ships for a minimum period of 2 years to a maximum period of 5 years, with an annual bareboat charter cost of 13% of the transaction value.
This sale continues 91¿´Æ¬Íø's strategy that aims to focus its fleet on modern and fuel efficient ships, built in series, in order to offer its most demanding clients the service quality of a standardized fleet of efficient and reliable vessels.