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Jasa Merin sells another offshore vesselJasa Merin sells another offshore vessel
Malaysia-based Jasa Merin has sold another offshore vessel in an ongoing move to renew its fleet.
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Kalyakan - stock.adobe.com
The subsidiary of Silk Holdings announced on Thursday the sale of a 2006-built, 5,444 bhp anchor handling vessel JM Damai for a price of MYR25.36m ($7.93m).
“The sales proceed will be partially utilised to fully retire the remaining loan on the vessel of MYR6.7m with the balance retained for working capital purposes,” Kuala Lumpur-listed Silk Holdings said.
Last week, Jasa Merin sold a 2004-built, 4,600-bhp straight supply vessel for $5.93m.
“The sale is part of Jasa Merin's continuous ongoing fleet renewal and replacement programme in the ordinary course of its business,” Silk Holdings added.
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