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    OSL surveys recent secondhand activity

    News // February 18, 2005
    Offshore Shipbrokers Ltd (OSL) says Seabulk has sold the Seabulk Penguin 2 (built1976 -7,760BHP) to Magnum International on private terms.The AHTS Lady Elaine (built 1983 - 10,560 BHP) has been sold to Petra Perdana Malaysia for a price in the region of US$6,250,000.Jaya Offshore has sold its newbuilding AHTS hull number 838 to Wise InnovationsMalaysia for a price in the region of US$20 million.OSL also reports that the AHT Seabulk Cygnet 1 (built 1974-5,600BHP) has been sold to Spanish Buyers on private terms with handover already completed. The vessel will be renamed Facal 20.The AHT Seabulk Cygnet 2 (built 1976 - 5600 BHP) has been sold to Maridive Egypt for a price in the region of US$750,000.The supply vessels Gulf Yankee (built 1982 - 3900BHP) and Gulf Frontier (built 1981 - 3600 BHP) have been sold to Middle East buyers on private terms. Asking price was in excess of US$3.5 million

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