BW Offshore: Recycling the FSO Belokamenka in compliance with Hong Kong Convention
10 Diciembre 2018 - 12:30AM
BW Offshore has signed an agreement to dispose of
the FSO Belokamenka for recycling in compliance with the Hong Kong
Convention.
The FSO Belokamenka (IMO 7708314) is an Ultra
Large Crude Carrier (ULCC) of 360,700 deadweight-ton capacity built
in Japan in 1980. The vessel is 340.5 meters long, 65 meters wide
and has a depth of 31.5 meters. It is flagged and registered in
Panama and classed by DNVGL, and has been in lay-up off Indonesia
since completing a contract as a crude oil terminal off Murmansk,
Russia, in late 2015.
The vessel is sold for a cash consideration of
approximately USD 20 million.
To date the recycling yard has not been chosen.
The buyer of the vessel will ensure that the chosen yard is
certified to ISO 14001 and OSHMS 18001 standards, the Hong Kong
Convention and the IMO 2012 guidelines. The buyer will further
ensure that the recycling yard provides a statement of completion
of the recycling in accordance with the Hong Kong Convention.
A recycling plan will be prepared and provided by
the yard to ensure strict compliance with the above regulations.
The company will nominate a representative to be on site at the
recycling yard to monitor progress, compliance and that the
recycling plan is being applied.
For further information, please contact:
Knut R. Sæthre, CFO, +47 911 17 876
IR@bwoffshore.com or www.bwoffshore.com
About BW Offshore:
BW Offshore is a leading provider of floating production services
to the oil and gas industry. The company also participates in
developing proven offshore hydrocarbon reservoirs. BW Offshore is
represented in all major oil and gas regions world-wide with a
fleet of 15 owned FPSOs. The company has more than 30 years of
production track record, having executed 40 FPSO and FSO projects.
BW Offshore is listed on the Oslo Stock Exchange.
This information is subject to the disclosure
requirements pursuant to section 5 -12 of the Norwegian Securities
Trading Act.
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: BW Offshore via Globenewswire
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