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Articles by AKOFS Santos

Akastor ASA: First Quarter Results 2025

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By AKOFS Santos, Akastor ASA
| MFN.se
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.
Open in Who Shared View Duplicates (132) Issue with article?

Akastor ASA: Fourth Quarter Results 2024

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By AKOFS Santos, Skandi Atlantic, In the, customers. Order
| MFN.se
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.
Open in Who Shared View Duplicates (166) Issue with article?

Akastor ASA: Completion of transfer of ownership interests in AKOFS Offshore

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By AKOFS Santos, Aker Wayfarer, AKOFS Seafarer, Mitsui O.S.K. Lines
| MFN.se
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.
Open in Who Shared View Duplicates (107) Issue with article?

Akastor ASA: Equinor exercise option period for AKOFS Seafarer

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By Akastor ASA, AKOFS Santos, Aker Wayfarer, AKOFS Seafarer
| MFN.se
Equinor Energy AS ("Equinor") has now notified AKOFS Offshore AS ("AKOFS Offshore") that the three-year option period under the existing contract for the vessel "AKOFS Seafarer" is exercised. The option period is estimated to commence in late Q4 2025, after the vessel has completed its customary Special Periodic Survey (SPS) and in direct continuation of the current contract period.
Open in Who Shared View Duplicates (121) Issue with article?
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