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Provider: Reuters Investment Profile
Provider: Wright Reports

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Cecon ASA Enters Agreement To Sell Davie Yards

Monday, 5 Nov 2012 02:35am EST 

Cecon ASA announced that the Company has entered into a firm agreement to sell the Davie Yards in Quebec Canada, with the purchase expected to take place within following two weeks. The Company has three offshore vessels under construction at the yard. Negotiations on contracts to complete the three vessels have already started with the new owners of the yard, and all agreements in this respect, are expected to be completed within the coming weeks. 

Company Quote

-0.01 -1.67%
4:09am EDT