Standard Supply AS: Sale of Standard Viking, Standard Supplier and Standard Defender
Oslo, Norway, November 14th 2023 Standard Supply AS (Standard Supply, OSE: STSU) is pleased to report an en-bloc sale (“Transaction”) of the three large sized PSVs Standard Viking, Standard Supplier and Standard Defender for a gross USD 72.2 million by entering Memorandum of Agreement for sale of each vessel.
Adjusting for ownership, proceeds to Standard Supply will be gross USD 69.5 million.
The Transaction is contingent upon certain conditions to be lifted within end-November, and completion is expected no later than mid-January 2024.
Following the sale, the Company will control a fleet of four PSVs with 51% ownership interest. Three of the four vessels are on short-term contracts and available for new charters in the upcoming months.
According to his carefully edited Wikipedia entry, Evangelos Marinakis “is a Greek media mogul, shipowner, lyricist, and member of the Piraeus city council. He is the founder and owner of Capital Maritime and Trading Corporation and also the owner of the football clubs Olympiacos in Greece and...
Ser ut til at Solstad kjøper resterende 44% av Tonjer slik jeg leser det?
Normand Tonjer IS will exercise its purchase option under current BB agreement for the vessel “Normand Tonjer”
(currently 56% owned by Company). Purchase of the vessel will be financed through equity and delivery is expected
ultimo 4th quarter 2023