Ocean Yield agrees to sell Geco Triton for $8.2 million
Ocean Yield agrees to sell Geco Triton for $8.2 million
OSLO, Norway -- Ocean Yield has agreed to sell the 1991 built seismic vessel "Geco Triton" to the charterer for $8.2 million.
The sales price includes full payment of remaining charterhire until December 2015.
The current book value of the vessel is about $12 million. As there is no debt on the vessel, the net cash proceeds will be equal to the sales price.
