COLUMN | More mistakes? Velesto, Shearwater, PXGEO and Polarcus, P&O Maritime Logistics, Bourbon Oceanteam and Boskalis, and James Fisher Subtech [Offshore Accounts]

Last week we looked at mistakes – mistakes from lenders in Singapore to Swiber and KrisEnergy (here), and a terrible error of judgement that led to the capsizing and si ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-more-mistakes-velesto-shearwater-pxgeo-and-polarcus-po-maritime-logistics-bourbon-oceanteam-and-boskalis-and-james-fisher-subtech-offshore-accounts/

Oceanteam Bourbon4 Agrees To Sell CSV Southern Ocean

Oceanteam Bourbon 4, a joint venture owned by Oceanteam and Bourbon Offshore Norway, has entered into an agreement to sell CSV Southern Ocean, says a press release published on their website.

Supply ship sale value

The sale is expected to be completed during April, and after the repayment of the debt, the sale will generate a positive cash flow for the joint venture. The buyer and price were not revealed, and according to VesselsValue, the ship is worth $17.28m.

Oceanteam strategy 

While...

https://mfame.guru/oceanteam-bourbon4-agrees-to-sell-csv-southern-ocean/

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