Tuesday, 09 March 2021 | 12:51
SPONSORS
View by:

GC Rieber Shipping: Sale of vessel

Monday, 22 February 2021 | 21:00

GC Rieber Shipping has entered into an agreement to sell the IMR / Walk-to-Work vessel Polar Queen, built at Freire Shipyard in 2011. The gangway onboard the vessel is excluded from the sale and will remain an asset for GC Rieber Shipping’s vessels.

The sale is expected to be completed in March 2021 and will result in a positive liquidity effect of approximately NOK 22 million after repayment of the vessel`s outstanding debt.

The sale to the undisclosed buyer will see the vessel leave the offshore industry.

“This is the second sale of vessels since August 2020 and provides GC Rieber Shipping with a further strengthened balance sheet, enabling us to deliver on our strategy to develop new profitable and sustainable maritime projects”, Einar Ytredal, CEO of GC Rieber Shipping commented.
Source: GC Rieber Shipping

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping
Next article
Back to list
Previous article

Newer news items:

Older news items:

Comments
SPONSORS

NEWSLETTER