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Articles by Akastor ASA
Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore
, /PRNewswire/ -- Reference is made to press release dated in respect of Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.
Akastor ASA: First Quarter Results 2025
First Quarter Highlights: · HMH reported an adjusted EBITDA of USD 33 million for the quarter, with free cash flow of USD 15 million. · AKOFS Offshore delivered strong operational performance across all vessels. · Akastor increased its ownership in AKOFS Offshore to 66.7 percent following the completion of the buy-out of Mitsui's stake alongside MOL.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore News provided by Akastor ASA Mar 04, 2025, 3:17 AM ET , /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
, /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
, /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
FORNEBU, Norway, March 4, 2025 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore News provided by Akastor ASA Mar 04, 2025, 3:17 AM ET , /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
, /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of , which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent. The agreement is expected to be completed in Q2 2025 whereby about of the purchase price will be used to repay a proportional portion of DDW Offshore's debt.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
, /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
, /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.
Akastor ASA: Fourth Quarter Results 2024
FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ -- Fourth Quarter Highlights: Net capital employed increased by NOK 0.2 billion during the quarter, reaching NOK 5.0 billion. Equity stood at NOK 5.9 billion at quarter-end, equivalent to NOK 21.4 per share, up from NOK 20.4 per share last quarter. HMH reported an adjusted EBITDA of USD 47 million for the quarter, bringing the full-year 2024 figure to USD 168 million, representing a 27 percent increase from 2023.
Akastor ASA: Completion of transfer of ownership interests in AKOFS Offshore
, /PRNewswire/ -- Reference is made to the press release dated 14 January 2025 regarding the agreement in which Akastor ASA (OSE: AKAST) transfers 8.3% of the shares in AKOFS Offshore AS ("AKOFS Offshore") to Mitsui O.S.K. Lines, Ltd. ("MOL"). The transfer has now been completed in accordance with the agreed terms, whereby Akastor and MOL now control 2/3 and 1/3 of the shares in AKOFS Offshore, respectively.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
, /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, . Please note the updated time for this quarter's presentation. Questions can be submitted throughout the streaming event. The presentation material will be published on www.akastor.com and www.newsweb.no at on 13 February.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
, /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
, /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
, /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results News provided by Akastor ASA Jan 30, 2025, 3:26 AM ET , /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results News provided by Akastor ASA Jan 30, 2025, 3:26 AM ET , /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results News provided by Akastor ASA Jan 30, 2025, 3:26 AM ET , /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
OSLO, Norway, Jan. 30, 2025 /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
, /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation.
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
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