about 14 years ago
Siem Offshore has concluded the sale of the 2006-built mid-size PSV “Siem Danis” of VS 470 mk II design in accordance with sales agreement reported in December 2011. The vessel sales price was USD 34 million, which represents a gain of approximately USD 14 million. The sales proceeds will be used to
Siem Offshore has concluded the sale of the 2006-built mid-size PSV “Siem Danis” of VS 470 mk II design in accordance with sales agreement reported in December 2011.
The vessel sales price was USD 34 million, which represents a gain of approximately USD 14 million. The sales proceeds will be used to repay mortgage debt of approximately USD 20 million and to strengthen the Company’s cash position for business development purposes.
[mappress]
Source: Siem Offshore, April 3, 2012
Offshore Energy is read by thousands of professionals every day.
Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.
Follow Offshore Energy on:
Join thousands of industry professionals who start their day with our newsletter.
