For Aker and Aker BioMarine’s other shareholders, it is positive that Aker BioMarine with this deal is able to focus on its core activities; capturing and processing krill. The company has previously divested its fisheries business in Argentina and on the Faeroe Islands to Aker Ocean Harvest. The sale of the Antarctic Navigator has no immediate cash impact on either company. The transaction is settled with Aker BioMarine transferring debt to Aker and giving Aker a seller’s credit. The sale of the vessel has been approved by Aker BioMarine Antarctic AS, which owns the vessel, in a general meeting. All conditions related to the sales agreement have thus been resolved. Aker remains in dialogue with potential partners about the vessel’s future deployment.
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