Atlantic Navigation (SGX:5UL) completed the delivery of a vessel, AOS Neptune, for $14 million, according to a filing with the Singapore Exchange on Thursday.
The delivery was completed after all the conditions of the master delivery agreement were met.
According to an earlier filing, the company has already completed the sale and delivery of 20 vessels under the same agreement.
Shares of the offshore vessel provider were down over 1% in recent trading.
Price (SGD): S$2759.20, Change: S$+9.9, Percent Change: +0.36%