The Oslo-listed shipowner dropped the 8,556-cbm NorgasSonoma (built 2003) down Skaugen Gulf Petchem Carriers (SGPC) for afee of $25m, it said today in a statement.
Skaugen owns a 35% stake in the Bahrain-based venture withpartners Elaf Bank (30%) and Nogaholding (35%).
Its stake in the vessel will be reduced in line with itsholding in SGPC.
The Norgas Sonoma will continue to operate in the Norgaspool and under Norgas management.
Proceeds
