In its second quarter earnings report, New York-listed TOO said a conflicts committee is reviewing a transaction involving the Voyageur Spirit (ex-Sevan Voyageur, built 2008), which is undergoing upgrades and scheduled to return to service in the fourth quarter of this year.
The update came as the company reported adjusted net income of $20.6m in the three months to 30 June, versus a gain of $26.2m
