The Trident Star Vessel is a 57,836-deadweight tonnage (DWT) bulk carrier (based on the capacity plan by the shipyard) with IMO Number 9707637, sailing under the flag of Hong Kong.
Uni-Asia Group is acquiring the vessel Trident Star from Polaris through the special purpose vehicle it owns a shareholding in, for US$18.40 million ($23.97 million).
Uni-Asia Group formed a special purpose vehicle with several parties on Oct 22 for the purpose of acquiring Trident Star Vessel. The aggregate value of the consideration which will be paid for Uni-Asia’s indirect shareholding interest in the Trident Star JVCo is approximately US$5.31 million, which is the consideration given for 65.1% of the shareholding interest in the Trident Star JVCo.
