Deals8 Apr 2025, 04:30 pm
Dolphin Offshore Enterprises Leases DP2 Accommodation Barge for USD 32.85 Million
AI Summary
Dolphin Offshore Enterprises (India) Limited, through its wholly owned subsidiary Beluga International DMCC, Dubai, has entered into a Lease agreement with Ballast Shipping S.A. DE C.V for leasing of Prabha- DP2 Accommodation Barge (Previously known as Vikrant Dolphin) for a period of 3 years, with an estimated value of approximately USD 32.85 Millions ~ INR 281 crores.
Key Highlights
- Lease agreement between Beluga and Ballast Shipping S.A. DE C.V for 3 years.
- Total estimated value of the agreement is approximately USD 32.85 Millions ~ INR 281 crores.
- No special rights have been given under this agreement.
- The transaction does not fall under related party transactions.
- The agreement is in the ordinary course of business.