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 Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Japanese Sub Pitch puts off Australian Firms

Japan had been seen as frontrunner for Australian submarine deal, but Australian defence firms unhappy after talks with Japan. A Japanese consortium eyeing a A$50 billion ($35.

Traders Scramble for Caribbean Crude Storage

Demand for crude storage in the Caribbean, one of the world's most important oil hubs, is rising as producers and traders try to ride out the worst price crash

APM Terminals Pipavav Starts New Ro/Ro Service

With 1,300 new Indian-built Ford automobiles loaded onto the Grand Dahlia on August 27th for delivery to Mexico, a new era for the Indian auto industry and Gujarat Port Pipavav commenced.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage 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: 0.1144 sec (9 req/sec)