Sale of 2 vessels for a total amount of US$130 million

Friday, 15 November 2013 00:00

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.

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Christelle Loisel
Vice-President Communication
Tel : +33 (0)4 91 13 67 32
Investors' Relation
Contact
Tel : +33 (0)1 40 13 86 07
François CHARDON
Publicis Consultants
Tel : +33(0)1 44 82 45 24
Sale of 2 vessels for US$ 130 million
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