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    DOF BOA to sell Skandi Hercules

    Vessel & ROV News // March 6, 2008

    DOF BOA has entered into an agreement to sell the vessel Skandi Hercules (ex Skandi PMS II).
    Skandi Hercules was built in 2002 in China. DOF acquired 50 per cent of the shares in DOF BOA in 2003 and additional 50 per cent of the shares in October 2007.

    The estimated historical value of the vessel is approximately NKr 335 million.

    The contract price is US$100 million.

    The vessel will be delivered to her new owner at the end of March 2008.


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