[Press Release] AS Tallink Grupp completes the sale of the Superfast vessels

Superfast VII. AS Tallink Grupp

Superfast VII. AS Tallink Grupp

Tallinn, 2017-12-14 12:39 CET (GLOBE NEWSWIRE)

AS Tallink Grupp completes the sale of the Superfast vessels

The subsidiaries of AS Tallink Grupp, Baltic SF VII Ltd and Baltic SF VIII Ltd have delivered today on 14.12.2017 the vessels M/S Stena Superfast VII and M/S Stena Superfast VIII to the company Stena North Sea Ltd.

Value of the deal is 133.5 million euros and the profit from the sale of the vessels is not significant to the consolidated results of AS Tallink Grupp. The cash flow from the sale of the vessels will strengthen the group’s financial position.

Stena Superfast VIII. © Steven Tarbox.
Stena Superfast VIII. © Steven Tarbox.

Links

Original AS Tallink Grupp Press Release

AS Tallink Press Release from July 2017 announcing the sale to Stena

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