Jan De Nul buys advanced construction and cable-lay vessel
Connector [Photo; Jan de Nul/Christopher Petersen] Luxembourg-based Jan De Nul Group reports that it is the buyer of the of the offshore construction and cable-lay vessel Connector. Last Friday, vessel owning company Ocean Yield ASA disclosed that it had sold the vessel and that it would record a non-cash book loss of $70 million on the sale. “The Connector was operating on a long-term bareboat charter until February 2017,” says Andreas Reklev, SVP Investments of Ocean Yield ASA, “In anticipation of a market recovery, Ocean Yield has for the past years traded the vessel in the short-t...