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Marianne Lie News

23 Feb 2017

Nordic American Offshore Announces Public Offering

Nordic American Offshore (NAO) has announced an underwritten public offering of 33,333,333 common shares pursuant to the Company’s effective shelf registration statement. Morgan Stanley & Co. LLC, DNB Markets, Inc. and Skandinaviska Enskilda Banken AB (publ) are acting as joint bookrunning managers for the offering. The Company also intends to grant the underwriters a 30-day option to purchase 5,000,000 additional common shares. At the Company’s request, the underwriters have reserved common shares to the Company’s largest shareholder and certain members of the Company’s management and certain Company directors and advisors. These include Marianne Lie, Exe23.02cutive Vice Chair and board member, Turid M. Sørensen, Chief Financial Officer, Paul J.

30 Aug 2016

NAT Names 2 New Tankers in South Korea

Mr. and Mrs. Yean Sin Kim, Siv Helset, Marianne Lie, Mr. Herbjørn and Mrs. Solveig Hansson. (Photo: ©Thorbjørn Damhaug)

wo new tankers, Nordic Star and Nordic Space, were named August 24 for owner Nordic American Tankers Limited (NAT). NAT founder and chairman Herbjørn Hansson was present at the naming ceremony, along with the chargé d'affaires a.i. of the Norwegian Embassy Marianne Damhaug, and the ships' two sponsors, Nordic American Offshore Ltd. executive vice chair Marianne Lie and Siv Helset, a Norwegian lawyer with experience with legal counseling in the industry. Ordered by NAT in December 2014, the two ships were built by South Korean shipbuilder Sungdong.

08 Oct 2003

Norwegian Shipowners’ Association Discusses National Budget

quo while the White Paper on shipping policy was still pending. were not met in the Government's proposal for a National Budget, put forward today. for offshore vesssels. owners in the National Budget. Director General of The Norwegian Shipowners' Association. The Government announced a full evaluation of the tax system this fall. strengthening privately owned industry and commerce. in Norway, and this should be done as soon as possible, says Marianne Lie. to the agreement that was reached for the seafarers three months ago. due in the spring 2004, says Lie. hoping the Government would continue supporting this in the Budget. instead introduce a 19 percent refund scheme. Government is proposing to cut the existing arrangement by 50 percent. says Lie.

13 Oct 2003

NSA: Cuts Coming for Offshore

The Norwegian Shipowners' Association (NSA) had high hopes of maintaining status quo while the White Paper on shipping policy was still pending. These hopes were not met in the Government's proposal for a National Budget, put forward last week, according to NSA. for offshore vesssels. According to NSA, there are no proposals affecting the tax regime for shipowning companies or owners in the National Budget. Director General of The Norwegian Shipowners' Association. The Government announced a full evaluation of the tax system this fall. to the agreement that was reached for the seafarers three months ago. due in the spring 2004, says Lie. hoping the Government would continue supporting this in the Budget.

02 Apr 2004

NSA Applauds Government Plan For Shipowners

The Norwegian Shipowners Association (NSA), which for many years has bemoaned its government’s shipping policy, takes a positive view of a White Paper presented on April 2, 2004. According to NSA, For the first time in many years a government is proposing a new and dynamic shipping policy. The industry is pleased with the Government's ambitions to ensure European tax conditions for Norwegian shipowners, said Marianne Lie, Director General of the Norwegian Shipowners' Association.

25 Oct 2004

Second Norwegian Offshore Lockout Coming

lockout affecting workers on 94 offshore service vessels and shuttle tankers on the Norwegian continental shelf. encompassing members that so far have remained outside the current dispute. week. says Managing Director Marianne Lie. considerably more than a billion kroner, and has reached a dead lock. company competitiveness," underlines Ms Lie. accepted. shelf will have to close down oil production operations. laid off," Ms Lie concludes. Association. nature in a working group. demands. employers' representatives. than 20 different shipping companies. installations on the Norwegian shelf. include 350 OFS members, currently not involved in the ongoing dispute. on the permanent platforms will therefore be affected by the dispute. Norsk Offshore Catering. affected. the dispute.

03 Feb 2005

Global Shipping Forces Converge in NY

Globalization of shipping will be the theme of the 11th annual Hellenic-American and Norwegian-American annual conference. Entitled “Shipping without Borders: Has National Identity Become Irrelevant?”, the conference will be held on Thursday, February 10th at the New York Helmsley Hotel starting at 0815 with conference registration.. The conference will explore developments and shifts in the international maritime community, and how they relate to doing business in America. Comparative Greek and Norwegian perspectives on identity…

07 Mar 2005

Houston Welcomes King of Norway

Port of Houston Authority Chairman Jim Edmonds, the PHA commissioners and staff on Wednesday, March 2, hosted a welcome reception for His Majesty King Harald V of Norway aboard the M/V Star Gazer as the vessel toured the Houston Ship Channel. The reception also was attended by several shipping industry executives and local elected officials. As he congratulated Norway on the centennial celebration of its independence, PHA's Chairman Edmonds noted that Norway has an enviable reputation in maritime shipping. "Even here on the Houston Ship Channel, Norwegian names are everywhere conducting business, such as Stolt-Nielsen, Odfjell, Aker Marine, Barwil Agencies, Skaugen and many others," Edmonds said.

05 May 2003

Solid Roots to Withstand Future Storms

In true Norwegian fashion, the Norwegian Shipowners' Association does not shy from the fact that its power base is shrinking. But, the organization does not concede defeat, and is a powerful lobbyist in helping to rouse political and industry support for measures that could help right the ship. In short, the number of ships and capacity of ships controlled from Norway is dropping, nearly three percent and six percent, respectively, in just 12 months. The Norwegian owned foreign-going fleet was considerably reduced in 2002, dropping from 1,718 ships at 48.7 million dwt to 1,670 ships at 45.9 million dwt. A reduction of 48 ships and 2.8 million dwt is the most significant decline in the Norwegian controlled foreign-going fleet since 1993.

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