Prosafe Announces Sale of ‘Safe Esbjerg’ to Buyer in South East Asia

Prosafe Announces Sale of 'Safe Esbjerg' to Buyer in South East Asia

Prosafe Rigs Pte Ltd, a wholly owned subsidiary of Prosafe SE (“Prosafe”), has today entered into an agreement to sell the accommodation jack-up Safe Esbjerg to a buyer in South East Asia.

Total proceeds amount to USD 55 million and are divided into two tranches. USD 38.5 million is payable within 60 days after closing, which took place on 7 August. The remaining USD 16.5 million will be paid as a three-year term loan with an interest rate of 10 per cent.

The divestment of the Safe Esbjerg is in line with Prosafe’s strategy of focusing on growth within the high end of the offshore accommodation industry.

Source: Prosafe, August 7, 2012

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >