SCAN signs agreement with Ship Finance International Limited

CAN Geophysical ASA (SCAN) today announced that the company has agreed to sell its three new building high capacity 3D vessels, including complete seismic equipment, to Ship Finance International Limited (Ship Finance) based on a total price of USD 210 million, or USD 70 million per vessel. The agreement includes a lease-back over 12 years with purchase options after 6, 10 and 12 years.