US$ million) Transforming for Beyond / Asset smart strategy ICBCL - 21 vessels (11 AHTS Shallow, 6 PSV Shallow, 2 PSV Deep, 2 MPSV) 522 Standard Chartered Bank - 3 vessels (3 AHTS Shallow) 65 Total 587 Other vessel sales With bareboat
charter (5 to 10 years old) - 2 vessels (2 AHTS) 130 Straight sale (10 to 20 years old) - 5 vessels (2 AHTS Deep, 1 PSV Deep, 1 MPSV, 1 Tug) 53 Total 183 Total vessel sales in 2013 770
The trend in the bareboat
fleets is 'bigger and more luxurious' (including offering such things as dishwashers and air conditioning).
vessel lease at a fixed rate over 10 years of 10.
Six of the Company's Handymax tankers are fixed on a bareboat
charter basis with an average term of 8.
2% Average revenues per day under Bareboat
charters - 13.
The Suezmax tankers Overseas Newcastle and Overseas London which are on bareboat
charters to OSG, had a total of 182 revenue days in the quarter.
The company will carry on to run the vessel and entered into agreement to bareboat
charter back the same vessel for four years.
From basic Learn-to-Sail to Coastal Cruising and Bareboat
The "BRITTO" has entered into a bareboat
time-charter employment for a period of 10 years at a daily rate of $14,550.
As each vessel is completed, it is sold to Aker American Shipping for bareboat
charter to OSG America.
Viking Offshore & Marine Limited declared that it has been awarded a 50-month bareboat
charter for a land rig system valuing around $32 million.
Upon completion, the twelve tankers will be owned by Aker American Shipping and bareboat
chartered to Overseas Shipholding Group, Inc (OSG).