OFCO EAGLE 1
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Hoe Leong Corporation sells AHTS pair to Allianz Offshore
Singapore’s Hoe Leong Corporation has announced a proposal to sell AHTS vessels Arkstar Eagle 1 and Arkstar Eagle 3 to Allianz Offshore Ship Management for $1.7m in total. The sale is expected to generate net proceeds of about S$2.3m ($1.66m), while resulting in a net loss on disposal of about S$3.15m ($2.28m)
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