Dockwise Ltd : Dockwise increases holdings in Fairstar from 60.4% to 80.4%

Dockwise Ltd : Dockwise increases holdings in Fairstar from 60.4% to 80.4%

ID: 161621

(Thomson Reuters ONE) -


Breda, the Netherlands, 2 July 2012. Dockwise today announces that, through its
wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4%
of the outstanding shares of Fairstar Heavy Transport N.V. ("Fairstar"). Over
the weekend shares were bought from various shareholders including
Indofin/Parkland.

Dockwise has agreed the purchase of 17,834,122 shares or 20% in Fairstar,
increasing its holdings from 60.4% to 80.4%. Shares were bought from
Indofin/Parkland and certain other shareholders.

About Dockwise Ltd./Dockwise Group

Dockwise Ltd., a Bermuda incorporated company, has a workforce of more than
1,200 people both offshore and onshore. The company is the leading marine
contractor providing total transport services to the offshore, onshore and
yachting industries as well as installation services of extremely heavy offshore
platforms. The Group is headquartered in Breda, the Netherlands. The Group's
main commercial offices are located in the Netherlands, the United States and
China with sales offices in Korea, Australia, Brazil, Russia, Singapore,
Malaysia, Mexico and Nigeria. The Dockwise Yacht Transport business unit is
headquartered in Fort Lauderdale and has an office in Genoa, Italy. The Dockwise
Shipping network is supported by a global network of agents.

To support all of its services to customers, the group also has three additional
engineering centers in Houston, Breda and Shanghai, manufactures specific motion
reduction equipment such as LMU (Leg Mating Units) and DMU (Deck Mating Units)
and owns a fleet of 19 purpose built, semi-submersible vessels.

Dockwise shares are listed on the Oslo Stock Exchange under ticker DOCK and on
NYSE Euronext Amsterdam under ticker DOCKW.


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Dockwise Ltd via Thomson Reuters ONE
[HUG#1623321]




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Bereitgestellt von Benutzer: hugin
Datum: 02.07.2012 - 07:31 Uhr
Sprache: Deutsch
News-ID 161621
Anzahl Zeichen: 2615

contact information:
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Breda



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Business News



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