Private equity stakeholders of FPSO operator Rubicon Offshore International have tasked brokers with finding buyers for the company or the two floating production, storage and offloading vessels in its fleet.
TradeWinds is told that Braemar ACM Shipbroking and L&R Midland have been given joint exclusive rights to undertake an expression of interest exercise on behalf of the owners.
Headquartered in Singapore, Rubicon’s primary assets are the 71,900-dwt FPSO Rubicon Vantage (built 1987) and the 65,300-dwt FPSO Rubicon Intrepid (built 1981).