Sale of the golar seal

Bermuda, february 20, 2023: cool company ltd. (“coolco” or the “company”) has entered into a agreement to sell the golar seal (imo: 9624914) (the “vessel”) for $184.3 million. the transaction is expected to close on redelivery of the vessel from its current charter in late march, meaning the buyer shall assume all costs associated with the vessel's forthcoming dry-dock, increasing the effective economic value to coolco to approximately $190 million.
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