TheUS-listed company said Thursday that it had entered into a letter of intent toacquire start-up Logitel Offshore Holdings.
Logitelwas set up by Sevan Marine deputy chairman Arne Smedal and in June 2013 acquiredtwo Sevan design cylindrical hulls that were laid up in China.
TheNorway-based company focuses on the high-end floating accommodation (FAU) marketand is already converting two units.
The vessels will eachhave a displacement of about 40,000 tonnes and capacity to accommodate 490persons.
TheFAUs
