Bloomberg News

Dolphin Enters $55 Million Vessel Charter, Plans Share Issue

October 17, 2011

Oct. 17 (Bloomberg) -- Dolphin Group ASA entered an agreement with Sanco Shipping for the charter of the Sanco Swift vessel for a total cost of about $55 million. The company plans to raise $35 million in a private placement to pay for the equity part of the steamer package.

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To contact the editor responsible for this story: Josiane Kremer at jkremer4@bloomberg.net


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