Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout


CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

Ocean Ness DIS

Circulating in the market last week was an invitation to invest in Ocean Ness DIS, a Norwegian “internal partnership” formed by Fearnley Finans Shipping to acquire the Ocean Ness, a 2001 built Standby/Rescue/Multi Role vessel constructed in Norway. The vessel is to be acquired from Sartor Offshore Aberdeen Ltd and bareboat chartered for 9 years to Sartor Offshore Rescue Ltd, which obligation will be guaranteed by the parent, Sartor Offshore AS, for the bareboat period. The purchase price of the vessel is NOK 117.5 million with a total project cost of NOK 123 million, which includes, in addition, an arrangement fee (NOK 1.96 Million), bank and legal fees (NOK 1.54 million) and working capital (NOK 2.00 million). Appraised by Fearnley Offshore Supply AS and Seabrokers AS, the vessel has a charter-free value of NOK 130-145 million.

This is only an excerpt of Ocean Ness DIS

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login


Related Archive Files

  • No Related Post

Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.