Search results for: shares

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  • 15 June 2017
    Business & Finance

    South Korean holding company STX Corporation has been given a one-year rehabilitation period for its stock to resume trading, according to Yonhap News Agency. Following the one-year period, the Korea Exchange is expected to review whether to delist the company. The decision was made after the company’s creditors rejected to sell the company to the earlier […]

  • 22 November 2019
    Business & Finance

    Scorpio Tankers’ President, Robert Bugbee, has bought call options on 200,000 common shares of the company.

  • 22 June 2018
    Business & Finance, Equipment

    Subsea cable protection specialist Tekmar has been admitted on the AIM market of the London Stock Exchange. Dealings in the shares started on June 20, under the ticker – TGP. Upon admission, the company had a market capitalisation of approximately £65 million, following a successful total fundraise of approximately £61.8 million (before expenses). The fundraise, […]

  • 18 November 2016
    Business & Finance

    Greek owner of drybulk carriers and offshore support vessels DryShips Inc. has decided to sell its preferred shares for gross proceeds of USD 20 million to British Virgin Islands-registered Kalani Investments Limited. The agreement is for the sale of 20,000 newly designated Series E-1 Convertible Preferred Shares, and includes preferred warrants to purchase 30,000 Series […]

  • 24 May 2017
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has priced its previously announced underwritten public offering of 50,000,000 shares of its common stock, par value USD 0.01 per share, at USD 4 per share. The offering is expected to close on May 30, 2017. The company has also granted the underwriters a 30-day option to purchase up to […]

  • 28 April 2017
    Business & Finance, Technology

    Ocean Power Technologies (OPT) is looking to raise around $7 million of gross proceeds through its latest underwritten public share sale.

  • 27 March 2017
    Business & Finance

    Fincantieri Oil & Gas, a subsidiary of the Italian shipbuilding conglomerate Fincantieri, has closed its offer for the ordinary shares of Vard Holdings Limited with valid acceptances for 74.45% of Vard’s share capital. The voluntary conditional general offer, which was launched in November 2016 in Singapore, closed on March 24 with acceptances for over 215.9 million offer shares. […]

  • 20 February 2014
    Business & Finance

    Wilhelmsen Lines Shipowning AS (WLS) has accepted an offer to sell 6.5% of the shares in Norwegian Car Carriers (NOCC), the equivalent of 15,749,290 shares. After the transaction, WLS will have no remaining shares in NOCC. The transaction is subject to the offerer’s conditions being fulfilled or withdrawn. WLS, February 20, 2014  

  • 2 November 2016
    Business & Finance

    Danish shipping and energy giant A.P. Møller – Maersk A/S has sold its shares in the Danske Bank A/S for a total of DKK 3.2 billion (USD 477 million). The company has divested its remaining ownership stake of over 16.1 million shares in the Nasdaq Copenhagen-listed Danske Bank through an accelerated bookbuilding process to institutional investors at […]

  • 18 April 2014
    Business & Finance, Equipment

    CrudeShares has announced that the company has launched a private platform for the Oil & Gas Industry which allows buyers and sellers of privately held shares to interchange. “This is an exciting new opportunity for the worldwide Oil & Gas Industry,” said Chuck Kowalski, V.P. of Investments at CrudeShares. “CrudeShares is opening a dynamic new […]

  • 29 June 2016
    Business & Finance

    In an effort to reduce its debt, China Shipbuilding Industry Co. has revealed plans to raise some CNY 3.9 billion (USD 586.7 million) through the sale of 718 million of its shares, Bloomberg cited data from the company’s stock exchange filing. The shares would be sold at a price of CNY 5.43 each to the shipbuilder’s parent […]

  • 13 June 2017
    Business & Finance

    In an effort to improve its financial situation, the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering unveiled its plans to sell KRW 793 billion (USD 702.2 million) worth of new shares. According to a stock exchange filing, DSME’s shares will be sold to the company’s main creditor, the state-run Korea Development Bank (KDB), and other lenders, […]

  • 3 May 2017
    Business & Finance, Technology

    Ocean Power Technologies (OPT) has raised over $7 million through its underwritten public share sale.

  • 30 October 2013
    Business & Finance

    Crowley Maritime Corporation’s liner services group and Seaboard Marine Ltd. today announced a new vessel sharing agreement that will provide customers of both companies with reliable, weekly service on larger ships between South Fla., Costa Rica and Panama. By sharing vessel space, Crowley and Seaboard will increase total capacity in the trade by using two […]

  • 5 September 2016
    Business & Finance

    Swedish-based wave energy developer, Seabased, is looking to raise capital by inviting interested parties to invest in the company by subscribing for new shares.

  • 14 March 2013

    Shares of Xcite Energy Ltd today jumped 3.00% on speculation that Norway’s oil giant Statoil is thinking of launching a 2 GBP per share takeover offer, Daily Mail has reported. According to Daily Mail, Statoil is interested in the company’s Bentley field. The company did not immediately reply to an e-mail seeking comment, sent by […]

  • 25 June 2009

    The rejection of the European Shippers Council of the Rotterdam Rules is not shared by the Dutch and American shippers. The American NIT reproaches the ESC ‘lack of insight’ in the new system which is taken all things together in fact more favourable to shippers. The Dutch EVO does not agree with the negative conclusion […]

  • 8 January 2018
    Research & Development

    Peterson together with Maersk Oil North Sea UK, Petrofac and Dana Petroleum have launched a new vessel sharing scheme for the Central and Northern North Sea (CNNS) region. Operating out of Peterson’s Waterloo Quay facility in Aberdeen the vessel pool currently has two weekly sailings, serving four assets; Maersk Oil’s Gryphon and Global Producer III […]

  • 5 February 2015

    Exmar issued a statement informing of a purchase of own shares on January 30, 2015.

  • 28 May 2018

    BAM International has acquired Strukton International’s majority stake in the Tidal Bridge BV joint venture. BAM’s remaining partner in Tidal Bridge is Dutch Expansion Capital (DEC). The joint venture was established in 2015 for the realization of floating power plants that convert tidal energy into electricity. In May 2017 Tidal Bridge started a feasibility study for […]

  • 6 January 2016

    Golar LNG, the owner and operator of liquefied natural gas carriers informed on Wednesday that it has acquired 500,000 shares reducing its exposure under the total return swap deal.

  • 11 December 2014

    Flex LNG decided to issue 197,500 new shares following the exercise of staff options.