B.V. Holding Purchases 78 Percent Stake in Okean

Thursday, September 28, 2000
Dutch B.V. Holding Maatschappij Damen has bought 78 percent of Ukraine's ship building plant Okean and will pay 26.3 million hryvnias ($4.8 million) for the stake, the State Property Fund said on Thursday.

The Dutch company, which has won a privatization tender, will also have to pay off Okean's tax arrears of 2.5 million hryvnias and cover salary arrears of 5.5 million hryvnias.

The plant, located in the city of Mykolayiv in southern Ukraine posted a pre-tax loss of 3.3 million hryvnias in the first half of this year. Last year the company had a pre-tax loss of 52.3 million hryvnias.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Baltic Index up for Third Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, for a third straight session, on rising demand across all vessel segments.

Asia Tankers-VLCC Rates to Climb Slowly

Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers

BIMCO Launches New Standard Agreements for Novation of Shipping Contracts

BIMCO has published three standard novation agreements that provide a legal framework to change one of the original parties to a contract.   Two of the agreements

 
 
Maritime Security Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Sonar 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: 0.0754 sec (13 req/sec)