Bergesen Books Big Loss On Kvaerner Sale

Thursday, July 13, 2000
Bergesen d.y. ASA booked a net loss of $24.3 million from the sale of all of its shares and rights issues in Kvaerner. Bergesen sold Kvaerner A-shares at 107.45 crowns and rights issues in A-shares at 24.45 crowns. From the first quarter of 2000 Bergesen's accounting has been done in dollars. It said as a result of the conversion from Norwegian crowns, the book value of the shares in Kvaerner were set at the dollar value at the time of acquisition.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Kongsberg Contracted to Support FLNG Conversion

Kongsberg Maritime secures position in the LNG market with electrical and automation contract for Golar Hilli FLNG   Keppel Shipyard in Singapore and Black & Veatch in the U.

Statoil Awarded Licenses Offshore Nicaragua

Statoil informs it was today awarded four licenses offshore the Nicaraguan Pacific, covering an area of about 16,000 km2 in the largely unexplored Sandino Basin.

Mexico Removes Bid Limit on Shallow Water Oil Tenders

Mexico's oil regulator voted on Friday to relax previously established rules on bidding terms and contracts that form the first step in an historic sector opening

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0791 sec (13 req/sec)