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Golar LNG Limited 2017 Annual General Meeting

Company news

2017-08-18 15:10:02

Further to the press release of July 5, 2017 giving notice that the Golar LNG Limited 2017 Annual General Meeting will be held on September 27, 2017, a copy of the Notice of Annual General Meeting and associated information including the Company's Annual Report on Form 20-F can be found on our website at and in the attachments below.

Golar LNG Limited

Hamilton, Bermuda

August 18, 2017

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: Golar LNG via Globenewswire


Hafnia Tankers Ltd. (N-OTC: "HAFNIA") Interim Report for the Second Quarter of 2017

Company news

2017-08-18 11:09:23

Hafnia Tankers Ltd. (N-OTC: "HAFNIA") Interim Report for the Second Quarter of 2017.


Dated: August 18, 2017

Please see attached: Interim Report for the Three and Six Months Ended June 30, 2017 for Hafnia Tankers Ltd. ("Hafnia").

The product tanker market contributed to an operating profit for the six months ended June 30, 2017 of $14.8 million and net profit of $2.3 million.

The book value of the fleet, including newbuilds and remaining capex, as of June 30, 2017 was $1,093.4 million. As of June 30, 2017, we had $64.9 million in cash and $576.4 million of bank debt. Hafnia's share of the remaining capex for the newbuilds was $35.2 million. As of June 30, 2017, we had a firm term sheet from a first-class bank to fund the newbuilds, and in combination with our cash balance the newbuild program was fully financed.

We have no debt maturities before January 2022.

The overall product tanker market weakened further during the second quarter of 2017, reflecting the ongoing imbalance between supply and demand of tonnage. High inventories and reduced trading activity did not support any additional increase of freight rates, however we did see the start of reduced oil inventories by the end of Q2, which in combination with a reduced orderbook, as well as growing oil consumption, are needed for an improved market.

Gross earnings during the first half of 2017 were c.$14,650 per LR1 vessel, $14,700 per MR vessel and $13,175 per SR vessel.

As of June 30, 2017 Hafnia's fleet consisted of 37 owned vessels and five chartered-in vessels. Vista Shipping, of which Hafnia Tankers has a 50% ownership, has two LR1 newbuilds on order, with expected deliveries in Q1 2019.

Commercial management of our product tankers is organized under Hafnia Management. The three divisions - LR1, MR, and SR, have 111 vessels under management including forward commitments.

* * * *
For further information, please contact:

Erik Bartnes, Executive Chairman: +47 90957654
Mikael Skov, CEO Hafnia Tankers ApS: +45 40100640
* * * *
This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States or any other jurisdiction.
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Although Hafnia believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Hafnia can give no assurance that such expectations will prove to be correct.

The forward-looking statements or information contained in this news release are made as of the date hereof and Hafnia undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

  Q2 2017 - Hafnia Tankers Ltd. - Consolidated Financial Statement.pdf

GSGroup AS - Selskapsinformasjon (GUSY)

Company news

2017-08-17 11:11:54

Atlantis Vest har den 16 august 2017 kjøpt 1.000 aksjer i GSGroup a 3,16 pr aksje.
Atlantis Vest har etter kjøpet 29.751.868 aksjer tilsvarende 56,76%.

Med vennlig hilsen
GSGroup AS  

Golar LNG Limited - Sale of an Interest in the FLNG, Hilli Episeyo

Company news

2017-08-16 15:10:01

Golar LNG Limited (NASDAQ: GLNG) ("Golar") announced today that it and affiliates of Keppel Shipyard Limited ("Keppel") and Black and Veatch ("B&V") have entered into a purchase and sale agreement (the "PSA") for the sale (the "Sale") of equity interests (the "Interests") in Golar Hilli LLC to Golar LNG Partners L.P. (the "Partnership"), which will, on the closing date of the Sale, indirectly own the Hilli Episeyo (the "Hilli"), a floating liquefied natural gas vessel.  The Acquired Interests represent the equivalent of 50% of the two liquefaction trains, out of a total of four, that have been contracted to Perenco Cameroon SA and Societe Nationale Des Hydrocarbures (together, the "Customer") for an eight-year term. The sale price for the Interests, as described below, is $658 million less net lease obligations under the financing facility for the Hilli (the "Hilli Facility") that are expected to be between $468 and $480 million.  Concurrent with the execution of the PSA, the Partnership paid a $70 million deposit to Golar, on which the Partnership will receive interest at a rate of 5% per annum. 

The closing of the Sale (the "Closing") is subject to the satisfaction of certain closing conditions which include, among others, receiving the consent of the lenders under the Hilli Facility, the closing of the previously announced put-sale closing with respect to the Golar Tundra (the "Tundra Put Sale"), the delivery to and acceptance by the Customer of the Hilli, the commencement of commercial operations under the liquefaction tolling agreement (the "LTA") and the formation of Golar Hilli LLC and the related Pre-Closing Contributions as described further below.

Prior to the Closing, Golar, Keppel and B&V will contribute their equity interests in Golar Hilli Corporation ("Hilli Corp"), the entity that owns the Hilli, to the newly formed Golar Hilli LLC (the "Pre-Closing Contributions") in return for equity interests in Golar Hilli LLC.  Membership interests in Golar Hilli LLC will be represented by three classes of units: Common Units ("Common Units"); Series A Special Units ("Series A Units"); and Series B Special Units ("Series B Units").  Common Units will be entitled to cash flows from the first 50% of contracted capacity, initially contracted to the Customer under the LTA.  Common Units will not be exposed to the oil-linked pricing elements of the tolling fee under the LTA but will bear the operating costs of the Hilli, with only incremental costs ("Incremental Costs") accruing to the Series B Units and the interest costs of the Hilli Facility.  Series A Units will only be entitled to cash flows associated with oil price linked elements of the tolling fee under the LTA, net of incremental tax expenses and their pro rata portion of any costs that may arise as a result of the underperformance of the Hilli ("Underperformance Costs").  Holders of Series B Units will be entitled to the cash flows associated with any expansion of contracted capacity of the Hilli beyond the first 50%, net of Incremental Costs arising as a result of making available more than the first 50% of production capacity of the Hilli, Underperformance Costs and any reduction in revenue attributable to the first 50% of LNG production capacity as a result of making more than 50% of capacity available under the LTA.  Through the Sale, the Partnership will only acquire 50% of the Common Units and none of the Series A Units or Series B Units.

Upon the Closing, which is expected to occur on or before April 30, 2018, Golar, Keppel and B&V will sell 50% of the Common Units to the Partnership in return for the payment of the net purchase price of between approximately $178 and $190 million.  The Partnership will apply the $107 million deferred purchase price receivable from Golar in connection with the Tundra Put Sale and the $70 million deposit referred to above against the net purchase price and will pay the balance with cash on hand.

The Hilli conversion is nearing completion and no major issues have been identified.  All equipment has been installed and pre-commissioning work is well underway.  Golar is focused on doing as much testing as possible in the yard and at anchorage in order to minimise the risk of issues being encountered in Cameroon. The extra days spent in Singapore are expected to reduce the time required for commissioning on site. The Hilli is scheduled to leave Singapore for Cameroon at the end of September or beginning of October.  LNG bunkering has been booked for mid-September.  The mooring system has been installed in Cameroon and is ready for hook up of Hilli.  All going well, the voyage between Singapore and Cameroon is expected to take 32 to 40 days allowing Golar to tender its notice of readiness during the first half of November. The Customer remains on track with its scope of works and the Hilli conversion currently remains materially under budget.

Golar will draw down the final tranche of the Hilli Facility upon Customer acceptance of the vessel.  After settlement of all outstanding conversion costs, Golar currently expects to receive approximately $140 million, net of the Keppel and B&V minority interests, which is additional to the sale proceeds from the Partnership as described above.


This press release contains certain forward-looking statements concerning future events and Golar's operations, performance and financial condition. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe", "anticipate", "expect", "estimate", "project", "will be", "will continue", "will likely result", "plan", "intend" or words or phrases of similar meanings. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond Golar's control. Actual results may differ materially from those expressed or implied by such forward-looking statements.  Important factors that could cause actual results to differ materially include, but are not limited to: Golar's ability to consummate the Sale on a timely basis or at all, and to realise the expected benefits from the Sale; the timeliness of the Hilli conversion, commissioning and delivery; Golar's future revenues, expenses, financial condition and results of operations; Golar's ability to draw down on existing debt facilities and the amounts drawn thereon, to refinance debt, to incur additional debt and the terms thereof; covenants and financial ratios imposed by Golar's debt facilities; Golar's ability to make additional borrowings and to access debt and equity markets; customer acceptance and termination dates and extensions of charters; and other factors listed from time to time in the reports and other documents Golar files with the United States Securities and Exchange Commission. 

New factors emerge from time to time, and it is not possible for Golar to predict all of these factors. Further, Golar cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. Golar does not intend to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Golar's expectations with respect thereto or any change in events, conditions or circumstances on which any such statement is based.

Hamilton, Bermuda

August 16, 2017


Golar Management Limited: + 44 207 063 7900

Brian Tienzo

Stuart Buchanan

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: Golar LNG via Globenewswire


KOMP - Komplett Bank - Notification of trade

Company news

2017-08-16 14:58:21

Primary insider Raimond Pettersen, CEO, has through AlfaB Holding AS, a company controlled by Pettersen, on Aug 16th 2017 purchased 5,900 shares at a price of 16.35 per share. Pettersen controls after this 7,986,183 shares, 4,155,000 warrants and 808,082 share options.


KOMP - Komplett Bank - Q2 2017 report and presentation

Company news

2017-08-16 07:15:12

Please find enclosed the Q2 2017 report and presentation.

A presentation will be held today August 16th at 12:00 at Felix Konferansesenter, Bryggetorget 3, Oslo.

  2017 08 15 17Q2 Report Komplett Bank with PWC statement.pdf
2017 08 15 17Q2 Presentation Komplett Bank.pdf

Meldepliktig handel

Company news

2017-08-15 23:26:26

Vara styremedlem Petter Ek Jacobsen kjøpte i dag 50.000 aksjer i Instabank ASA til kurs 2,50. Ny beholdning er 742.000 aksjer.

Robert Berg


Philly Tankers Q2 2017 Financial Statements (PHILLY)

Company news

2017-08-15 20:41:16

Please find attached the Q2 2017 Financial Statements for Philly Tankers (PHILLY).

  Philly Tankers Q2 2017 Report.pdf

Navig8 Product Tankers Inc (N-OTC: "EIGHT") - Notice of Extraordinary General Meeting

Company news

2017-08-15 10:05:36

Navig8 Product Tankers Inc (N-OTC: "EIGHT") announces that a special meeting of shareholders ("EGM") will be held at the offices of Wachtell, Lipton, Rosen & Katz, located at 51 West 52nd Street, New York, New York, 10019, on August 29, 2017, at 10:00 a.m. local time, to vote on the approval of the merger agreement with Scorpio Tankers Inc announced on 24 May 2017. The record date has been set as the close of business 11th August 2017.

Formal notice of the EGM and the EGM proxy materials have been distributed to the shareholders.

The full text of the EGM Notice and Proxy Statement is attached to this message.


In connection with the proposed merger, Scorpio Tankers Inc. ("Scorpio") filed with the SEC a registration statement on Form F-4 that constitutes a prospectus of Scorpio and includes a proxy statement of Navig8 Product Tankers Inc ("NPTI"). Scorpio has also filed other relevant documents with the SEC regarding the proposed transaction. INVESTORS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. You may obtain a free copy of the proxy statement/prospectus and other relevant documents filed by Scorpio with the SEC at the SEC's website at

In addition, you will be able to obtain free copies of these documents by phone, e-mail or written request by contacting the investor relations department of Scorpio or NPTI at the following:

Scorpio Tankers Inc.
9, Boulevard Charles III
Monaco 98000
Attn: Investor Relations

Navig8 Product Tankers Inc
2nd Floor, Kinnaird House
1 Pall Mall East
London SW1Y 5AU
Attn: Investor Relations

Scorpio has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at


This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

  Navig8 Product Tankers Inc Proxy Materials.pdf
Navig8 Product Tankers Inc - Proxy Card.pdf

Easybank ASA - Resultat for Q2 på 1,9 millioner etter skatt

Company news

2017-08-15 08:00:26

Ett år etter strategiendringen kan banken melde om et resultat før skatt på NOK 2,5 millioner (1,9 millioner etter skatt) i andre kvartal 2017. Easybank har hatt en sterk vekst innenfor usikrede lån siden oppstarten høsten 2016. Administrerende direktør Oddbjørn Berentsen er godt fornøyd med resultatet, og viser til at banken nå leverer positivt resultat allerede etter tre hele kvartaler med ny produktportefølje.

Høydepunkter 2. kvartal:

- Resultat før skatt NOK 2,5 millioner
- Netto renteinntekter NOK 28 millioner
- Totale utlån NOK 1,34 milliarder
- Positiv marginutvikling
- God lønnsomhet i SMB og bolig
- Fortsatt god kredittkvalitet
- Avtale med Schibsted for direktesalg av billån

Vedlagt er regnskapsrapport for 2. kvartal 2017 og presentasjon.

Oddbjørn Berentsen
Administrerende direktør
Mobil: 924 666 88

  2. kvartal 2017 - regnskapsrapport.pdf
2. kvartal 2017 - presentasjon.pdf

WEST: Western Bulk Chartering AS - First half year 2017 results

Company news

2017-08-14 17:07:11

Solid increase in Net TC and positive EBITDA in 1H-17

In the first half of 2017 the Western Bulk Group posted a positive EBITDA of USD 0.7 million and a net result of USD -2.1 million, a significant improvement from 2016. The net result also exhibited a very positive development during the first half of 2017, increasing from the first to the second quarter, yielding a positive net result for the second quarter of 2017.

Please see our website for the full press release and the First half year 2017 report.

For more information, please contact:
Jens Ismar, Chief Executive Officer
Tel: +47 9009 0897

About Western Bulk Chartering:
Western Bulk Chartering AS is a major dry bulk shipping operator. The company is privately owned by a group of about 250 shareholders. See for more information. Western Bulk Chartering AS is registered on N-OTC, and has an outstanding bond loan trading on Nordic ABM under the ticker symbol "WBULK01 PRO".

  20170814 Western Bulk Chartering AS 1H-17 release.pdf
20170814 WB Chartering AS - H1-17 report.pdf

Shelf Drilling Q2 2017 Earnings Release Information

Company news

2017-08-14 15:38:32

To meet the reporting obligations under our existing indebtedness, we are providing interim financial statements and information for Shelf Drilling Holdings, Ltd. for the period ended June 30, 2017.

The interim financial statements and information for Shelf Drilling, Ltd. are expected to be provided no later than September 1, 2017. Press Release_Shelf Drilling Q2 2017 Earnings Release Information_vF.pdf

Navig8 Chemical Tankers Inc (N-OTC: CHEMS) 2Q 2017 Earnings Release

Company news

2017-08-14 15:17:17

Navig8 Chemical Tankers Inc is pleased to announce its unaudited financial and operating results for the three and six months ended 30 June 2017 as per the attached earnings release document.

14 August 2017

  Navig8 Chemical Tankers Inc (N-OTC CHEMS) - 2Q 2017 Earnings Release 14 August 2017.pdf

NADL - Q2 2017 earnings release date and conference call information

Company news

2017-08-14 15:10:01

Hamilton, Bermuda, August 14, 2017 - North Atlantic Drilling Ltd. is scheduled to release its second quarter 2017 results on Thursday August 24, 2017. 

Management will address highlights from North Atlantic Drilling's second quarter 2017 results in a conference call to be held at 11:00 a.m. EDT / 5:00 p.m. CEST on Thursday August 24, 2017.  

To listen to the management presentation of the results, the following options are available: 

A. Webcast 
In order to register to listen to the conference call, please click this link.

B. Conference call 
Call-in numbers:
International call: +44 (0) 20 7136 2051
UK Free call: +1 800 279 5736
US: +1 646 254 3362
US Free call: +1 877 280 2296
Norway: +47 2316 2787
Norway Free call: +47 800 56053

The participants will be asked for their name, company and conference code. The North Atlantic Drilling conference code is: 8129459

There will be a Q&A session subsequent to the presentation. Information on how to ask management questions will be given at the beginning of the Q&A session. 

In order to view the presentation while listening to the conference, please download the presentation material from

If you are unable to participate in the conference call, there is an opportunity to listen to a replay on (Investor Relations)

Participant list information required: Full name & company
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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: North Atlantic Drilling Ltd. via Globenewswire


Ocean Rig UDW Inc. (OCRG)

Company news

2017-08-14 15:00:35 August 14 2017 _ORIG Announcement.doc

Greenship Bulk Trust (Ticker: GREE) - Notice of Annual General Meeting of Unitholders

Company news

2017-08-14 04:03:17

(as trustee-manager of Greenship Bulk Trust)
(Company Registration No. 201203517C)
(the "Company")


NOTICE IS HEREBY GIVEN that an Annual General Meeting of Greenship Bulk Trust (the "Trust") will be held on:

Date: 28th of August 2017

Time: 4.00 p.m. Singapore Time / 10.00 a.m. Oslo Time

Venue: 23 Church Street, #14-06 Capital Square, Singapore 049481

for the purpose of considering and if thought fit, passing the following resolutions as Ordinary Resolutions, with or without modifications:-


1. That the Annual General Meeting of the Trust shall, notwithstanding that it is called by shorter notice than is required, be deemed to be duly called;

2. Audited Financial Statements and Reports
That the Audited Financial Statements for financial period ended 31 December 2016 together with the reports of the Directors and Auditors of the Trust thereon be and are hereby approved and adopted.

3. Re-Appointment of Auditors
That Messrs Ernst & Young LLP, be and are hereby re-appointed Auditors of the Trust to hold office until the next Annual General Meeting of the Trust at a remuneration to be determined by the Directors.

For and on behalf of the Board
Greenship Bulk Manager Pte. Ltd.
(as trustee-manager of Greenship Bulk Trust)

Jacques d'Armand de Chateauvieux
Position: Director
Date: 11 August 2017 Greenship Bulk Trust_Notice of AGM_FY2016.pdf
Greenship Bulk Trust_AGM_Proxy_Form_FY2016.pdf

GSGroup AS - Kvartalsrapport Q2/17 (GUSY)

Company news

2017-08-11 14:29:47

Kvartalsrapport Q2/17 for GSGroup AS er klar. Se vedlagte PDF.

Med vennlig hilsen
GSGroup AS

  GUSY Q2_17.pdf

KOMP - Komplett Bank - Invitation to Q2 2017 presentation August 16th at 12:00

Company news

2017-08-11 13:32:26

A presentation of Q2 2017 will be held:
Wednesday 16 August 2017 12:00 to 13:00 at:
Felix Konferansesenter
Bryggetorget 3

  Komplett Bank presentation 16 August, Oslo.pdf

Pioneer Marine Inc. (OSLO-OTC: PNRM)

Company news

2017-08-10 19:14:33 August 10 2017 Pioneer-2Q Results.pdf

(Correction) MyBank ASA announces a pre-tax loss of NOK 1.87 million

Company news

2017-08-10 19:11:15

MyBank ASA recorded a pre-tax loss of NOK 1.87 million for the second quarter, bringing the pre-tax loss for the year to date to NOK 5.67 million. The restatement is due to a clerical error in preparing the report, and does not reflect any change to the underlying financials.

  170810_MyBank_Q2_report corrected.pdf



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