Havila Shipping Sells Three Offshore Vessels to Repay Debt

Credit: panalot/AdobeStock
Credit: panalot/AdobeStock

Norwegian offshore vessel owner Havila Shipping said Monday it had sold three vessels following demands from lenders.

Havila Shipping said that, under its restructuring agreement, it had sold the platform supply vessel Havila Commander and the AHTS vessels Havila Jupiter and Havila Venus.

"The ships are scheduled to be delivered to new owners at the beginning of November.  The sales proceeds will be used to repay the debt and will have a limited effect on the company's liquidity," Havila Shipping said.

The offshore vessel owner did not say who the buyers were, nor did it share the financial details.

Current News

Halliburton Bags Major Drilling Contract with Petrobras Off Brazil

Halliburton Bags Major Drillin

First Coastal Virginia Offshore Wind Substation Checks In at US Port

First Coastal Virginia Offshor

Navantia Wraps Up Harland & Wolff Acquisition

Navantia Wraps Up Harland & Wo

Aurora Offshore Welcomes First of Three Sea1 High-End Subsea Vessels

Aurora Offshore Welcomes First

Subscribe for OE Digital E‑News

Offshore Engineer Magazine