Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    Ocean Installer sells share in CSV

    Vessel & ROV News // April 11, 2014

    Ocean Installer has sold its 70 per cent share in the CSV Normand Vision to its marine partner Solstad Offshore, giving Solstad 100 per cent ownership.

    Normand Vision remains committed on a long-term charter with Ocean Installer and the sale does not affect the plans Ocean Installer has for the use of the vessel.

    “This is a strategic decision that will contribute to the further growth of Ocean Installer. We maintain operation of Normand Vision, whilst at the same time increasing our liquidity and thereby our ability to make further investments in organisation and assets,” said Ocean Installer's CEO Steinar Riise.

     

     

    More articles from this category

    More news