Oceanteam, Bourbon Sell Construction Support Vessel


May 31, 2021

Credit:Ian Adams/MarineTraffic.com

Credit:Ian Adams/MarineTraffic.com

Oceanteam and Bourbon have signed a deal to sell their jointly owned construction support vessel Bourbon Oceanteam 101 to an unnamed buyer.

"The sellers and undisclosed buyers have entered into an NSF agreement for the sale of the vessel, the delivery of which will take place in July 2021," Oceanteam said.

This is the joint venture's second recent offshore construction vessel sale, following the sale of its construction support vessel Southern Ocean to Boskalis, completed in late April.

Keesjan Cordia, Oceanteam's Chairman of the Board said: "Following the sale of CSV Southern Ocean in April 2021 this sale is another significant and final milestone transitioning away from the conventional offshore shipping industry.

"The sale of the assets will relieve Oceanteam from its liabilities, create additional liquidity and  establish a solid platform to follow through on the earlier advised more sustainable strategy including the potential merger with Passer AS and key focus on the high-growth offshore renewable market.”

Bourbon Oceanteam 101 was delivered in by Metalships in December 2007, when it embarked upon a three-year contract, operating as a field support vessel with BP Angola for the company’s Greater Plutonium Field development (in Block 18).  The 125-meter long vessel can be used for field support, construction, installation, and IRM support.

While Oceanteam did not disclose the transaction price, VesselsValue estimated the ship at $10.7 million just days before it was sold.

No comments

More Popular Posts

About Crude Oil Brokers Ltd

Crude Oil Brokers Ltd is a dedicated global broker and facilitator of crude oil buying and selling. We work directly with crude oil buyers and crude oil sellers worldwide. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the brokering of crude oil and other petroleum products buying and selling.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Brokers, click here ». To learn more about Crude Oil Brokers Ltd, click here

Crude Oil Brokers