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Tagged in sale
Crowley Moves Forward on Salem Wind Terminal with Land Closing
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal. The Salem Harbor Wind Terminal is a public-private partnership between …
Oct 6, 2022 / Curious
Odfjell SE: Sale of last short-sea vessels
Odfjell SE has entered into a sales agreement for the last three 9,000 dwt short-sea vessels that have operated in the company’s regional trade in Asia. The sale marks an exit from Odfjell’s short-sea regional trade in Asia as the remaining vessel on …
Nov 2, 2021 / Curious
GasLog Announces Sale and Leaseback of GasLog Salem
GasLog Ltd. (GasLog) on Wednesday (Oct 13) announced the completion of the sale of GasLog Salem to a wholly-owned subsidiary of China Development Bank Leasing (CDBL) for $128 million, releasing approximately $22 million of incremental liquidity. …
Oct 14, 2021 / Vessels
Vineyard Wind Announces Partnership With The City of Salem And Crowley Maritime Corporation To Transform Harbor Into Offshore Wind Port
Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and Copenhagen Infrastructure Partners (CIP), on Thursday (Sep30) announced that the company has entered into an agreement with the City of Salem …
Oct 1, 2021 / Vessels
Siem Offshore Announces Sale of Siem Garnet and Siem Diamond
Siem AHTS Pool AS (SAP), a subsidiary of Siem Offshore Inc which owns 10 large AHTS vessels, has agreed to sell two - Siem Garnet and Siem Diamond to an independent third party. The vessels are sold for further trading outside the offshore shipping …
Jun 21, 2021 / Vessels
Qatar Petroleum signs a long-term SPA to supply 2 MTPA of LNG to China’s Sinopec
Qatar Petroleum today entered into a 10-year LNG Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 2 million tons per annum (MTPA) of LNG to the People's Republic of China.The SPA was signed …
Mar 22, 2021 / Curious
S.D. Standard Drilling Plc - Northern Supply AS sale of vessels
Northern Supply AS, where S.D. Standard Drilling Plc. has indirect ownership of 28.1%, has entered into a Memorandum of Agreement (MOA) to sell the two medium-size Platform Supply Vessels (PSV's) FS Carrick and FS Aberdour, for USD 6.6 million on an …
Feb 12, 2021 / Vessels
Avance Gas: Completion of vessel sale
Avance Gas Holding Ltd (OSE: AVANCE) announced on Monday (Sep21) that the transaction for the sale of the 2003-built VLGC Avance was successfully completed. Caption: VLGC Avance - Image courtesy of Jacinto Cinto Following repayment of debt, the …
Sep 24, 2020 / Vessels
Hermitage Offshore Services Announces Sale of Two Anchor Handling Tug Supply Vessels
Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore) announced today that it has sold its two anchor handling tug supply vessels. The Transaction was consummated when one of the Company’s direct wholly owned subsidiaries sold the …
Aug 12, 2020 / Vessels
Avance Gas Announces Sale of Vessel
Avance Gas Holding Ltd (OSE: AVANCE) announces that agreement has been reached for the sale of the 2003-built VLGC Avance, to an unrelated third party for a price of $35 million. Caption: LPG tanker Avance - Image courtesy of Jacinto Cinto A 10% …
Aug 4, 2020 / Vessels