Bumi Armada to sell ice class ships to PJSC Lukoil


KUALA LUMPUR: Bumi Armada Bhd is selling subsidiaries which own three ice class ships for US$44.5mil (RM186.6mil) cash to Russian oil and gas giant PJSC Lukoil.

Ice class ships are capable of maintaining safe and efficient navigation in ice-infested waters.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bumi Armada , sell , ice class ships , PJSC Lukoil ,

Next In Business News

Trading ideas: SunCon, Mah Sing, TNB, Khee San, TXCD, LYC, Hua Yang, KPJ, Bank Islam, MMHE, Genting, YTL, Sunway Healthcare, Dialog
AI servers and sensors to uplift MPI performance
Digital marketing in a new travel age
SME Malaysia: Budget 2027 should focus on concrete results
Upside forecast for Kelington
Higher costs to weigh on Gas Malaysia bottom line
Serving up a digital feast
Bullish prospects for TM earnings
New operational assets likely to bolster Dialog’s growth into FY27
A positive move

Others Also Read