Sevan hulls to become accommodation unitsCompany News // June 7, 2013
Seabrokers reports that Sevan Marine has agreed to sell its partially completed Sevan Hulls 4 and 5 to Logitel Offshore. The total purchase price will be US$41 million, to be rendered as a sellerís credit.
Logitel Offshore is a stand-alone company established in co-operation with Sevan to†promote floating accommodation units based on the Sevan cylindrical monocolumn hull design.
Logitel has entered into agreements "with a reputable yard" for the construction of one plus one high-end accommodation units based on Hulls 4 and 5, with options for two additional units.