Global Offshore's Subsidiary Redelivered Vessel To Owners
2018-08-22 Products Transportation Services International
Global Offshore Services Limited informs that the vessel, M.V.Everest operated, on a Bareboat Basis, by the Company's Wholly Owned Subsidiary, Garware Offshore International Services Pte. Ltd., Singapore has been redelivered to the Owners, Everest Offshore as earlier than scheduled. As a result, the Corporate Guarantee issued by the Company for this arrangement stands cancelled as do all accrued liabilities of the Company's Subsidiary to Owners.