Hashtag: #EitzenChemical
Norwegian Shipping Firm Registers In Bermuda
A Norwegian shipping group has become the latest Bermuda shipping company to list its shares on the Oslo Stock Exchange [Oslo Bors] after announcing the closing of a deal valued at approximately US$300 million. Team Tankers International Ltd. is the new holding company for the restructured Eitzen Chemical shipping group which has just registered 14... Read more of this article
Eitzen Board Recommends Move To Bermuda
Eitzen Chemical today [Feb 19] issued a letter [PDF] to its shareholders recommending that they accept an exchange offer that will see the company move to Bermuda, saying it is “important for the group to operate under favorable, stable and predictable legislative and regulatory conditions.” “Team Tankers International Ltd. is a company... Read more of this article
