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    Havila Shipping sells 50 per cent interest in Acergy Havila Ltd

    Company News // December 10, 2012

    Havila Shipping has entered into an agreement with Subsea 7, whereby Subsea 7 will acquire Havila Shipping's 50 per cent interest in the joint venture Acergy Havila Limited.

    The joint venture owns the diving support vessel Seven Havila, which was built in 2010 and delivered to the joint venture in February 2011, upon which it immediately commenced a bareboat charter with Subsea 7.

    It is intended to complete the transaction during the fourth quarter of 2012.

    The transaction will have a positive cash effect of approximately NKr 150 million for Havila Shipping.

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