SCAN, Ship Finance terminate agreement

Nov. 3, 2008
SCAN Geophysical ASA (SCAN) has terminated its sale and lease-back agreement with Ship Finance International.

Offshore staff

OSLO -- SCAN Geophysical ASA (SCAN) has terminated its sale and lease-back agreement with Ship Finance International.

SCAN has reached a mutual understanding with Pacific First Shipping Pte, Singapore (PFS), whereby PFS will acquire the vessels with seismic equipment and lease them back to SCAN on bare boat charters.

11/03/2008