Buying More Shares in Kværner

Tuesday, November 20, 2001
Aker Maritime has increased its shareholding in Kværner from 17.9 to 20.15 percent. This will strengthen the company's opportunities for protecting its minority interests in Kværner. Since the larger shareholding does not give Aker Maritime a controlling interest in Kværner, the company is not under a duty to report it to the European Commission's competition authorities. It has nevertheless notified the Commission of the share purchase.

Aker Maritime has bought 2,503,500 Kværner shares. The company already held 1,8,980,836 shares in Kværner. After the acquisition, its holding in Kværner totals 21,484,336 shares.

Email AddThis Feed Button Share
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Port of Los Angeles Container Volumes Decrease in April

The Port of Los Angeles released its April 2013 cargo volumes, showing a 9.45% decrease in overall volumes compared to April 2012. The decrease was due in large

Slight Growth in Port of Hamburg’s Seaborne Cargo Handling

At 32.8 million tons, total seaborne cargo throughput for the first three months of 2013 put the Port of Hamburg back on a growth course. The trend in bulk cargo handling,

Port of Montreal Keeps Seafarers in Touch, Wins Award

A majority of seafarers have no internet access available to them on board: IAPH recognizes Montreal for providing free WiFi access in the port. According to a

Finance

Steamship Mutual Addresses Underwriting Imbalance

Steamship Mutual released interim financial results for the year ending February 20, 2013. As with all international group clubs, underwriting performance for the year ended February 20,

Euroseas Reports Quarter Results

Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced

Dutch Shipbuilding Holds Position in Difficult Market

2012 was a challenging year for the Dutch shipbuilding industry. In general, the industry was able to achieve relatively good results. The various shipbuilding

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright