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    Havila Shipping acquires shares in Havila PSV DIS

    Company News // August 30, 2011

    Havila Shipping in Norway has entered an agreement to acquire 23 per cent of the shares in Havila PSV DIS, bringing the company's ownership to 97 per cent.

    Havila PSV DIS owns the PSVs Havila Commander and Havila Crusader, which are leased to Havila Shipping on eight-year bareboat leases.

    Havila Shipping acquired 74 per cent of Havila PSV DIS in July this year, and this acquisition is a direct continuation of this, to consolidate the ownership of the fleet.

    The purchase price for the shares is based on the same vessel values as the acquisition in July, and is approximately NKr 51.8 million, which is financed with a long-term bond.

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