Malaysia-listed oil and gas company Daya Materials (Daya) has secured a novation agreement with Norway-based Siem Offshore for a dynamic positioning class 2 offshore subsea construction vessel at cash consideration of US$90m.
The novation agreement was signed by its wholly owned subsidiary Daya Global.
Daya will finance the vessel with the issuance of ringgit-denominated bonds equivalent to US$30m, apart from the cash consideration of US$90m.
The company has secured a US$80m worth of loan to finance the majority of the purchase.
Daya to Buy Subsea Construction Vessel
2015-07-13
1243人
Source：IHS Maritime 360
Most ViewsHOT
- Golar presses ahead with fourth FLNG unit
- Wan Hai piles on boxship orders with near-$1bn deal
- Iranian owner makes boxship move with China order
- Pemont adds LR2 newbuilds to Montanari renewal push
- Minsheng expands Shell-backed MR tanker programme to 11 newbuilds
- Yangzijiang Maritime takes vessel sales to $500m with bulker quartet
- China Merchants firms up second DSIC shuttle tanker
- Centrofin tied to six-ship Titan Wind tanker order
- Goldenport lifts ultramax newbuild bet
- Greece’s Nautilus makes tanker newbuild debut at Wuhu
