Swissco judicial managers table US$7.2m vessel sale

Singapore

THE interim judicial managers (IJMs) of Swissco Holdings announced before Thursday's trading close that a deal is on the table for the sale of a vessel at US$7.2 million to Australian Maritime Systems Asset Holdings Pty Ltd (AMSA).

The IJMs from EY and Swissco Offshore have on Wednesday signed a memorandum of agreement (MOA) with AMSA relating to the proposed sale of the 2014-built vessel, Coral Knight.