Ukraine To Sell Stake in Shipbuilder

Wednesday, August 02, 2000
Ukraine will sell a 78 percent stake in shipbuilding company Okean in an auction on September 11, the State Property Fund said. The stake in the company, located in Mykolayiv in southern Ukraine, is being offered to investors at a starting price of $4.8 million, the fund said. The winner of the tender would have to preserve Okean's specialization as ship-builder, pay off its debts to the budget of $459,660 and cover salary arrears of $1 million.

The charter capital of the company, defined as the number of shares multiplied by the face value of one share, is $704,199. In the first half of this year Okean had a pre-tax loss of $606,751. Last year the company had a pre-tax loss of $9.6 million.

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

Ship Sales

ThyssenKrupp: Submarine Unit Not For Sale

German industrial group ThyssenKrupp is not in talks to sell its submarine unit nor is it in talks to sell its stainless steel unit VDM, its chief executive said on Friday.

Young to Head New Zealand Shipping Federation

The New Zealand Shipping Federation (NZSF) said it has appointed Annabel Young as its new executive director.  It said Ms Young was a National Party list MP from

Indonesia Joins Spain, Italy in Maritime Development Plan

Indonesia to have full cooperation in maritime infrastructure development from European countries Spain and Italy, says a report in Jakarta Post.  Spanish Ambassador

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0688 sec (15 req/sec)