Dockwise Now Holds 93.63 pct of Fairstar Shares (The Netherlands)

Dockwise, a marine transport services provider headquartered in Breda, The Netherlands, has announced that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 93.63% of the outstanding shares of Fairstar Heavy Transport N.V. (“Fairstar”).

Following various trades yesterday Dockwise purchased approximately 10.2% in its Rotterdam-based compatriot Fairstar, increasing its holdings from 83.4% to 93.63%. Shares were bought from ODIN and certain other shareholders.

Dockwise is a marine contractor which provides total transport services to the offshore, onshore and yachting industries as well as installation services of extremely heavy offshore platforms.

[mappress]
Press Release, July 5, 2012