Independent journal on economy and transport policy
19:18 GMT+2
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Camillo Eitzen & Co. he sells nine ships to gassiere and the entire capital stock of Eizen Gas to B-Gas
Within end of month it will yield also 20% of Eitzen Ethylene Carriers to Jaccar Holdings, that she will become only owner of the company
October 21, 2011
The shipowning society Norwegian Camillo Eitzen & Co. (CZECH) it has agreed the sale of nine ships to gassiere refreshed of entire property of the company and 100% of the capital stock of the Eizen Gas A/S to B-Gas Ltd., investment trust constituted by Pareto Project Finance (Norwegian group Pareto) and participated from a group of Norwegian investor. The understanding, than does not include the fleet of ships to etileniere of Eizen Gas, previews that Camillo Eitzen takes rental five ships pressurized yielded to B-Gas.
The cession, that it has a total value of 53 million dollars, regards the ships Sigas Laura, Sigas Linda, Sigas Lotta, Sigas Lydia, Sigas Champion, Sigas Commander, Sigas Crusader, Sigas Ettrick and Sigas Lanrick that are constructed between 1992 and 1996.
As a result of the CZECH cession will stop in the field of the gas only the property of 20% of the Eitzen Ethylene Carriers (ETC), quota that by the end of this month will be sold to the Jaccar Holdings, holding company of Jacques de Chateauvieux, president of the shipowning group French Bourbon (of which Jaccar Holdings it stops 25%), than currently it possesses 80% of the capital stock of ETC and that she will become therefore only owner of the company.
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