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Fairstar Heavy Transport Turns Down Dockwise’s “Poison Pill” Offer

Fairstar Heavy Transport N.V.  has informed Dockwise that the unsolicited financial proposal received from Dockwise is of no interest to Fairstar. Dockwise has attempted to characterize the offer of USD 30 million in “subordinated debt” to be an attempt by Dockwise to be helpful. However, a close reading of the …

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Dockwise Ltd : Dockwise launches mandatory offer for all the issued and outstanding shares in Fairstar

Dockwise Ltd. has resolved to launch, through its wholly-owned subsidiary Dockwise White Marlin B.V., an unconditional mandatory offer for all the issued and outstanding shares of Fairstar Heavy Transport N.V. (“Fairstar”) at a price of NOK 9.30 per Fairstar share. The offer period in the Mandatory Offer runs from and …

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The ROGTEC Interview: Dominiek Ampe, General Manager, Dockwise Russia

What is your position in the company and how long have you held this position? I started working for Dockwise back in 2007 when the company was starting to expand its horizon into the countries of the former Soviet Union. With the signing of several contracts in Russia, it was …

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Dockwise Ltd: Q4 2011: Record backlog level extended; sustained pricing despite low activity

DOCKWISE Ltd. today publishes results for the three month period ended 31 December 2011. André Goedée, Chief Executive Officer Dockwise, commented: The fourth quarter concluded a demanding, but ultimately successful, 2011 for Dockwise. Despite arduous trading conditions in our short term markets, prominently reflected in utilisation levels, the company generated …

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Dockwise Backlog Update: USD 55 Million in Awards and MSA with Keppel

Dockwise Ltd. today announces twelve new awards totaling USD 55 million, of which six, to the value of more than USD 15 million, are for execution in Q4 2011. The remaining contracts are for execution in 2012 and 2013. Furthermore the company has entered into a Master Service Agreement (MSA) …

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Dockwise to manage and market new COOEC 50000 tonnes Semi Submersible Heavy Lift Vessel HYSY 278

Dockwise Ltd announced it has reached agreement with Offshore Oil Engineering Co. Ltd. (COOEC) to act as manager of COOEC’s new build type 1 marine transportation vessel for all third party projects. The new vessel, a semi-submersible, currently under construction at China Merchants Yard in Shenzhen, is due for delivery …

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