Siem Swordfish sale completed

Vessel & ROV News - August 14, 2012

| More

Siem Offshore says the sale and delivery of Siem Swordfish was concluded on 31 July in line with the charterer’s purchase option, which was exercised in December 2009.

The gross sales proceeds amounted to US$54 million. The proceeds will be used to repay bank debt and to strengthen working capital by US$16 million in order to support the company’s newbuilding program. 

 

More articles from this category

More news

Categories

Product Guide

News Letter

Fill in your name, company and e-mail address below for our bi-weekly newsletter.

Subscribe
Unsubscribe

Clarksons

Powered by MARIS.

Subscribe to Offshore Shipping News Online RSS

Follow Offshore Shipping News Online on Twitter

Subscribe to email updates

Sponsors

sponsorsponsorsponsor

Events

Subsea and OSV Africa
26-27 November 2014
South africa, Cape Town.

FPSO Training Course Paris
01-03 December 2014
France, Paris.

OSEA 2014
02-05 December 2014
Singapore, Singapore.

Brazil Manning and Training
02-03 December 2014
Brazil, Rio de Janeiro.

Dynamic Positioning Seminar
04-05 December 2014
United kingdom, London.

More events