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Dockwise special meeting okays newbuilding investment

November 23 - A Special General Meeting of Dockwise shareholders, held today in Amsterdam, has authorised a proposed rights issue to part-finance the investment in a newbuilding to serve the emerging demand for ocean transports of more than 100,000 tonnes

Based on the authorisation granted by the SGM, Dockwise has resolved to carry out a rights issue of 4,587,506 offer shares at an offer price of EUR17 (USD22.8) per offer share with gross proceeds of EUR77,987,602 (USD105,002,319) and tradable and transferable subscription rights for shareholders of Dockwise registered as such as at the end of November 26, 2010.

Full subscription of the rights issue is committed by four large shareholders in the company; HAL Investment BV.,Project Holland Deelnemingen BVSankaty Advisors LLC and Skagen Vekst.

The Company will prepare a prospectus in relation to the rights issue, which will, subject to applicable securities laws, be published prior to the start of the subscription period.

The Royal Bank of Scotland NV will act as sole global coordinator and sole bookrunner in the rights issue. 

Heavy Lift | News

Mammoet installs Seattle-Tacoma walkway thumbnail image

Mammoet installs Seattle-Tacoma walkway

February 27 - Mammoet has installed an elevated pedestrian walkway as part of Seattle-Tacoma International Airport’s USD968 million expansion.
Views: 323
Wiesbauer replaces railway bridge thumbnail image

Wiesbauer replaces railway bridge

February 27 - Crane service provider Wiesbauer has lifted a reinforced concrete bridge into position as part of renovations to a railroad overpass in Rottenburg-Kiebingen, Germany.
Views: 308

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