AS Tallink Grupp completes the sale of the Superfast vessels

By Vessels

The subsidiaries of AS Tallink Grupp, Baltic SF VII Ltd and Baltic SF VIII Ltd have delivered today on 14.12.2017 the vessels M/S Stena Superfast VII and M/S Stena Superfast VIII to the company Stena North Sea Ltd.

AS Tallink Grupp completes the sale of the Superfast vessels
Caption: Passenger/Ro-Ro Cargo Ship Stena Superfast VII - Image courtesy of Tom Duncan

Value of the deal is 133.5 million euros and the profit from the sale of the vessels is not significant to the consolidated results of AS Tallink Grupp.

The cash flow from the sale of the vessels will strengthen the group's financial position.

Source: AS Tallink Grupp