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OFFSHORE TURBULENCE

DBS stitching together vessel deals for Pacific Richfield Marine

Friday, February 5, 2016 - 05:50
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DBS has managed to secure potential buyers or charterers for five out of eight Pacific Richfield Marine vessels for which it is taking the lead in marketing.

Singapore

DBS, a major bank creditor behind Pacific Richfield Marine Pte Ltd (PRM), is understood to have helped identify buyers or charterers for five of the 40 offshore support vessels (OSV) earmarked for sale in PRM's fleet to tide the OSV owner-operator over the current downturn in

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