In the Oslo-listed company’s second-quarter earnings report it identified the vessel as the 8,556-cbm Norgas Petaluma (built 2003).
Skaugen said the unit will be delivered to the buyer, Skaugen Gulf Petchem Carriers (SGPC) of Bahrain, in September of this year.
The company noted the $24m price tag reflects the book value of the unit and said the shareholders behind the venture have pledged to inject an additional $8m worth of equity into the alliance so the deal can be sealed.
Skaugen
