J. Lauritzen sells three shuttle tankers

J. Lauritzen keeps divesting and is now selling its fleet of three shuttle tankers to Knutsen NYK Offshore Tankers, Norway (KNOT), boosting Lauritzen's liquidity by USD 65 million.
BY OLE ANDERSEN

J. Lauritzen sells its fleet of three shuttle tankers to Knutsen NYK Offshore Tankers, Norway (KNOT). The deal is subject to buyer's inspection of the three vessels, and also to the current charterers' approval of the transfer of vessel ownership, says the carrier in a brief to the Oslo Stock Exchange.

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