Attica Completes Purchase Of Strintzis

Friday, December 10, 1999
Ferry operator Attica Enterprises has completed its purchase of shares in Strintzis Lines, after a block of 14,431,090 shares were transferred on the Athens bourse at a price of 2,900 drachmas ($9) per share. The total value of the transaction reached 41.8 billion drachmas ($130 million). Following the transaction, ferry operator Attica Enterprises has a 40.22 percent controlling interest in Strintzis Lines. The two companies have a fleet of 16 ships, of which four are Superfast ferries. By the end of 2001, their combined fleet will total 28 ships, with 12 large car and passenger ferries currently under construction.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Cruise Ship Liability & Compensation Treaty Kicks In

The International Maritime Organization (IMO) informs that substantially increased limits of liability for the death of, or personal injury to, a passenger on a ship apply from 23,

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in

Royal Caribbean Profits Take a Hit

Royal Caribbean Cruises Ltd reported a much lower-than-expected quarterly profit as costs rose and passengers spent less onboard. Shares of the company, whose

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
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: 0.0727 sec (14 req/sec)