Quarterly report pursuant to Section 13 or 15(d)

Equipment Acquisitions and Dispositions

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Equipment Acquisitions and Dispositions
3 Months Ended
Mar. 31, 2019
Property Plant And Equipment [Abstract]  
Equipment Acquisitions and Dispositions

2.

EQUIPMENT ACQUISITIONS AND DISPOSITIONS

During the three months ended March 31, 2019, capital acquisitions were $21.2 million. Equipment deliveries during the three months ended March 31, 2019 include one fast support vessel (“FSV”) and one platform supply vessel (“PSV”).   

 

During the three months ended March 31, 2019, the Company sold one standby safety vessel and other equipment for $0.1 million cash and one vessel under construction for $4.3 million (all of which was a previously received deposit) and gains of $0.3 million.  In addition, the Company received $0.4 million in deposits for future asset sales.