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2014 June 30   10:49

Otto Marine disposed three vessels for US $37.5 million

Otto Marine Limited announces that its subsidiaries, Dolphin 2 Pte . Ltd . , Dolphin 3 Pte . Ltd . and Dolph in 4 Pte . Ltd . have signed a Memorandum of Agreement to dispose three of its vessels known as GO AVIOR, GO HAWK and GO HARRIER to Go Marine Services , a company incorporated in Malaysia in which it owns 49%, for a sum of USD37.5 million.

The Vessels are three 6,000 bhp AHTS known as “GO AVIOR” and “GO HAWK” and “GO HARRIER”.

The Vessels shall be delivered to the Purcha ser and taken over safely afloat at a safe and accessible berth or anchorage at their present locations.

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