Oct. 3 – Seatrium has announced the sale of two platform supply vessels (PSVs) to Brazilian vessel operator Posidionia Shipping and Trading for $58.7m. The two vessels are held under a special entity called Guanabara Navegação and will be sold to Brazilian vessel operator.
“This accretive divestment is in line with the Group’s strategic intent to divest non-core assets to enhance capital and operational efficiencies, and create long-term value for its shareholders,” the company said.
“No operational impact is expected to arise from such sale. The transaction is expected to complete before the financial year ends,” says Seatrium.
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