Nordic American Offshore (NYSE:NAO) - New CFO for NAO and Nordic American Tankers Limited (NAT) to join October 16, 2017
(Thomson Reuters ONE) -
Hamilton, Bermuda, September 12, 2017
In our message of September 1, 2017, we informed the investor market about the
appointment of our new Chief Financial Officer (CFO), Mr. Bjorn Giaever. We are
pleased to inform you that Mr. Giaever will join us October 16, 2017.
Mr. Giaever joins NAT/NAO from the well reputed firm of Fearnley Securities AS
with main office in Oslo, Norway. This is an investment bank with special focus
on the maritime sectors, where he served as a director and partner in the
Corporate Finance division. Mr. Giaever has served as a corporate advisor in the
John Fredriksen group in London, top rated Senior Shipping Analyst in DNB
Markets and partner in Inge Steensland AS, specializing in gas related maritime
matters.
The outgoing CFO, Turid M. Sorensen, will leave her administrative duties in
NAT/NAO before the end of 2017, providing for a smooth transition. She will be
suggested as board member of NAT later.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking
statements. The Private Securities Litigation Reform Act of 1995 provides safe
harbor protections for forward-looking statements in order to encourage
companies to provide prospective information about their business. Forward-
looking statements include statements concerning plans, objectives, goals,
strategies, future events or performance, and underlying assumptions and other
statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 and is including this
cautionary statement in connection with this safe harbor legislation. The words
"believe," "anticipate," "intend," "estimate," "forecast," "project," "plan,"
"potential," "may," "should," "expect," "pending" and similar expressions
identify forward-looking statements.
The forward-looking statements in this press release are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, our management's examination of historical
operating trends, data contained in our records and other data available from
third parties. Although we believe that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond our control, we cannot assure you that we will achieve or accomplish
these expectations, beliefs or projections. We undertake no obligation to
update any forward-looking statement, whether as a result of new information,
future events or otherwise.
Important factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements include the
strength of world economies and currencies, general market conditions, including
fluctuations in charter rates and vessel values, changes in demand in the PSV
market, as a result of changes in the general market conditions of the oil and
natural gas industry which influence charter hire rates and vessel
values, demand in platform supply vessels, our operating expenses, including
bunker prices, dry docking and insurance costs, governmental rules and
regulations or actions taken by regulatory authorities as well as potential
liability from pending or future litigation, general domestic and international
political conditions, potential disruption of shipping routes due to accidents
or political events, the availability of financing and refinancing, vessel
breakdowns and instances of off-hire and other important factors described from
time to time in the reports filed by the Company with the Securities and
Exchange Commission.
Contacts:
Herbjørn Hansson, Executive Chairman
Nordic American Offshore Ltd.
Tel: +1 866 805 9504 or +47 90 14 62 91
Gary J. Wolfe
Seward & Kissel LLP
New York, USA
Tel: +1 212 574 1223
Web-site: www.nao.bm
Press release (PDF) :
http://hugin.info/159489/R/2133490/815975.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nordic American Offshore Ltd via GlobeNewswire
Datum: 12.09.2017 - 13:40 Uhr
Sprache: Deutsch
News-ID 559608
Anzahl Zeichen: 5235
contact information:
Town:
Sandefjord
Kategorie:
Business News
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"Nordic American Offshore (NYSE:NAO) - New CFO for NAO and Nordic American Tankers Limited (NAT) to join October 16, 2017"
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