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    Financing for Geo Explorer secured

    Company News // December 19, 2008

    GC Rieber Shipping says its subsidiary Hexio has financed the acquisition of the seismic research vessel Geo Explorer through a US$16.7 million long term loan facility with DnB NOR Bank. 
     
    Geo Explorer is a 2-D/source vessel, currently on time charter to Fugro Geoteam until March 2009. The vessel, which was acquired in July 2008.

     

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