Louis Lines Seeks Stock Split OK

Thursday, November 11, 1999
Cyprus cruise line Louis will seek shareholders' approval for a 5:2 stock split and a new share issue to finance its recent acquisition of a Greek shipping line. Louis will apparently seek approval of a motion at the December 6 meeting for the issue of 5,426,660 new shares with a nominal value of 10 cents, which would be granted to shareholders in Royal Olympic Cruise Lines. It signed a deal with the Greek cruise line last month to take over 51.4 percent of the company. The move brings some 16 leisure vessels under its control.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

NOIA Applauds Senate Passage of OPENS Act

NOIA President Randall Luthi issued the following statement on the Senate Energy and Natural Resources Committee’s passage of the OPENS Act, which will open new

Shell Moves Ahead in Arctic with Exploratory Well

Shell Oil's icebreaker MSV Fennica weaved through nine remaining protesters hanging from the St. Johns Bridge and made its way toward the Pacific Ocean.   Authorities

 
 
Maritime Security Maritime Standards Navigation Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.1073 sec (9 req/sec)