in the offshore industry, said its wholly-owned subsidiary, Kreuz Engineering Limited, has entered into agreements for the sale and leaseback of five vessels in a deal worth US$225 million. Swiber said the move will enable it to finance its fleet expansion plan, particularly deepwater and subsea vessels, without straining its balance sheet and improve its…
SINGAPORE: Swiber in US$225 million sale and leaseback deals for five vessels
Posted on September 25, 2008 by EnergyAsia