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Hunter Group sign MoA With Far Eastern

Logistic News - Published on Wed, 19 Jun 2019

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Hunter Tankers AS, a wholly owned subsidiary of Hunter Group ASA has signed a MoA, with Far Eastern buyers to sell one of the company’s vessels at a price of USD 98,000,000. As security for the correct fulfillment of the MoA the buyers have agreed to pay a deposit equal to 20% of the purchase price. The vessel will be delivered to the Buyers on October 31st 2019 which will also be the closing date for the transaction.

Furthermore, the Company is still in advanced discussions regarding the sale of a second vessel.

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Posted By : Mohan Sharma on Wed, 19 Jun 2019
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