MarAd Approves Sale and Transfer of Vessels

Thursday, September 20, 2007
The Maritime Administration (MarAd) has approved the sale and transfer of three vessels under Section 9 of the Shipping Act, of 1916, as amended. MarAd has approved an application filed by ENSCO Offshore Company, of Dallas, Texas, for the transfer of the mobile offshore drilling unit ENDCO 93 Official No. 651385, to the Republic of Liberia registry and flag, without change in ownership of said vessel. MarAd has approved an application filed by Flota Pesquera Omaira, a Venezuelan citizen, for the sale and transfer of two barges: the DIA-1, Official No. 552263 and the DIA-1A, Official No. 569949. The transfer of said vessels is to Venezuelan registry and flag.

Finance

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Monjasa Bags Credit Facility from Société Générale

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