M/V Grand Canyon II

Vessel and charter

Vessel:
M/V Grand Canyon II
Type:
Offshore Construction Vessel (ST 259 CD)
Built:
04.2015
Yard:
Myklebust Verft AS, Norway
Charterer:
Canyon Offshore
Charter:
Time charter
Charter ends:
April 2021 + 5 years option

Key figures

Paid dividend:
2015: 0%, 2016: 0%, 2017: 13,3%
Expected IRR:
18,5%
Ownership:
34,0%

Financing

Lenders:
Sparebank1 SMN and GIEK/Eksportkreditt
Facility:
NOKm 468
Maturity:
2030
Repayment:
12/15 year profile