Sanko PSV Newbuilds Sold

Source:Asiasis
2012.07.10
1073

Sanko Steamship, which filed for bankruptcy last week, has sold two platform supply vessel newbuildings, brokers say.
Swire Pacific Offshore is being linked with the purchase of the 4,850-dwt Sanko Festival and Sanko Flamingo.
Both of the vessels are at Universal Shipbuilding where Swire recently placed an order for six 3,700-dwt PSVs.
Clarksons values a new large PSV of 4,000-dwt at $46.5m today.
Sanko ordered four PSVs at Universal in 2008 in a deal which marked the yard’s entry into the offshore vessel market.

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