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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