TITLE

Camillo Eitzen plans listing as it buys again

AUTHOR(S)
Burridge, Elaine
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the plans of Camillo Eitzen to list its chemical tanker business on the Oslo stock exchange, as it acquires French shipowner Fouquet Sacop. According to CEO Axel Eitzen, the company wants a series of initial public offerings for its separate business entities within the period of 2007 to 2008. The purchase of the French shipowner includes a fleet of 12 chemical tankers that range from 3,900 o 19,000 deadweight ton (dwt). The company has sold one of its 13,000 dwt epoxy-coated chemical carriers to a Japanese owner for $25 million.
ACCESSION #
20864502

 

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