Safe Esbjerg, image: Prosafe
Norway-based accommodation rig operator Prosafe, announced today that they will be selling their jack-up hotel, the 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.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,961 members that receive our newsletter.
Have a news tip? Let us know.
April 19 (Reuters) – A New York state agency on Friday said it had failed to reach final contract agreements with the developers of three major offshore wind projects, blaming a decision by General...
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,961 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
