TransAtlantic is divesting its three RoRo vessels Obbola, Ortviken and Östrand to SCA Transforest, which has decided to exercise its purchase option. The three RoRo vessels have been leased to SCA for an extended period for its traffic operations for forest products in the Baltic Sea.
The vessel transaction will be implemented on June 1, 2011. TransAtlantic will retain the ship-management assignment for the vessels.
The transaction will result in a positive impact of approximately SEK 55 M on the Group’s cash balance.
Source: TransAtlantic
Source: TransAtlantic
Euro Exchange Rate
0 comments:
Post a Comment