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Petropod finds buyers for twin vessels


Published Nov 27, 2008
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Petropod I Larsen Oil and Gas

PetroProd Ltd.'s rig businesses PetroProd 2 Ltd and PetroProd 3 Ltd have agreed to sell the the M/T Archimid and M/T Trust to an unnamed European owner.

This December transaction will cut company debts and improve cashflow, a statement Thursday said.

At least one of the ships had been marketed to the tanker and floating production markets.

Tags: PetroPod




   

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