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StreetInsider.com News Articles http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 16 May 2025 13:47:00 -0500 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif StreetInsider.com News Articles http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>May 16, 2025</chron></span> /PRNewswire/ -- Reference is made to press release dated <chron>4 March 2025</chron> in respect of <span value="OTC-PINK:AKKVF" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") and the agreement to sell "Skandi Peregrino", which was conditional on charterer's consent. Since the charterer has not accepted to novate the relevant contract on the vessel, the agreement to sell the vessel has today been cancelled.</p> <p>For further information, please contact:</p> <p>Øyvind Paaske<br/>Chief Financial Officer<br/>Tel: +47 917 59 705<br/><a target="_blank" href="mailto:oyvind.paaske@akastor.com" target="_blank" rel="nofollow">oyvind.paaske@akastor.com</a> </p> <p>This information is considered to be inside http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Cancellation+of+sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24814353.html Fri, 16 May 2025 13:47:00 -0500 A.50211829 AKAST AKKVF O.01212855 O.06212279 OSAKA Akastor ASA: First Quarter Results 2025 http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html <div class="xn-content"> <p><span class="legendSpanClass">FORNEBU, <location value="LC/no" idsrc="xmltag.org" >Norway</location></span>, <span class="legendSpanClass"><chron>April 30, 2025</chron></span> /PRNewswire/ --</p> <p><b>First Quarter Highlights:</b> </p> <ul type="disc"><li>HMH reported an adjusted EBITDA of <money>USD 33 million</money> for the quarter, with free cash flow of <money>USD 15 million</money>.</li><li>AKOFS Offshore delivered strong operational performance across all vessels.</li><li><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span> increased its ownership in AKOFS Offshore to 66.7 percent following the completion of the buy-out of Mitsui's stake alongside MOL.</li><li>Post quarter-end, AKOFS Offshore completed the refinancing of AKOFS Seafarer through a new <money>USD 110 million</money> non-recourse facility, securing funding for debt repayment, upcoming SPS, and general corporate purposes.</li><li>DDW Offshore entered into an agreement to http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html Wed, 30 Apr 2025 01:12:00 -0500 AKAST AKAST O.01212855 Akastor ASA: First Quarter Results 2025 http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html <div class="xn-content"> <p><span class="legendSpanClass">FORNEBU, <location value="LC/no" idsrc="xmltag.org" >Norway</location></span>, <span class="legendSpanClass"><chron>April 30, 2025</chron></span> /PRNewswire/ --</p> <p><b>First Quarter Highlights:</b> </p> <ul type="disc"><li>HMH reported an adjusted EBITDA of <money>USD 33 million</money> for the quarter, with free cash flow of <money>USD 15 million</money>.</li><li>AKOFS Offshore delivered strong operational performance across all vessels.</li><li><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span> increased its ownership in AKOFS Offshore to 66.7 percent following the completion of the buy-out of Mitsui's stake alongside MOL.</li><li>Post quarter-end, AKOFS Offshore completed the refinancing of AKOFS Seafarer through a new <money>USD 110 million</money> non-recourse facility, securing funding for debt repayment, upcoming SPS, and general corporate purposes.</li><li>DDW Offshore entered into an agreement to http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html Wed, 30 Apr 2025 01:12:00 -0500 AKAST AKAST O.01212855 Akastor ASA: First Quarter Results 2025 http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html <div class="xn-content"> <p><span class="legendSpanClass">FORNEBU, <location value="LC/no" idsrc="xmltag.org" >Norway</location></span>, <span class="legendSpanClass"><chron>April 30, 2025</chron></span> /PRNewswire/ --</p> <p><b>First Quarter Highlights:</b> </p> <ul type="disc"><li>HMH reported an adjusted EBITDA of <money>USD 33 million</money> for the quarter, with free cash flow of <money>USD 15 million</money>.</li><li>AKOFS Offshore delivered strong operational performance across all vessels.</li><li><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span> increased its ownership in AKOFS Offshore to 66.7 percent following the completion of the buy-out of Mitsui's stake alongside MOL.</li><li>Post quarter-end, AKOFS Offshore completed the refinancing of AKOFS Seafarer through a new <money>USD 110 million</money> non-recourse facility, securing funding for debt repayment, upcoming SPS, and general corporate purposes.</li><li>DDW Offshore entered into an agreement to http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html Wed, 30 Apr 2025 01:12:00 -0500 AKAST AKAST O.01212855 Akastor ASA: First Quarter Results 2025 http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html <div class="xn-content"> <p><span class="legendSpanClass">FORNEBU, <location value="LC/no" idsrc="xmltag.org" >Norway</location></span>, <span class="legendSpanClass"><chron>April 30, 2025</chron></span> /PRNewswire/ --</p> <p><b>First Quarter Highlights:</b> </p> <ul type="disc"><li>HMH reported an adjusted EBITDA of <money>USD 33 million</money> for the quarter, with free cash flow of <money>USD 15 million</money>.</li><li>AKOFS Offshore delivered strong operational performance across all vessels.</li><li><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span> increased its ownership in AKOFS Offshore to 66.7 percent following the completion of the buy-out of Mitsui's stake alongside MOL.</li><li>Post quarter-end, AKOFS Offshore completed the refinancing of AKOFS Seafarer through a new <money>USD 110 million</money> non-recourse facility, securing funding for debt repayment, upcoming SPS, and general corporate purposes.</li><li>DDW Offshore entered into an agreement to http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html Wed, 30 Apr 2025 01:12:00 -0500 AKAST AKAST O.01212855 Akastor ASA: First Quarter Results 2025 http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html <div class="xn-content"> <p><span class="legendSpanClass">FORNEBU, <location value="LC/no" idsrc="xmltag.org" >Norway</location></span>, <span class="legendSpanClass"><chron>April 30, 2025</chron></span> /PRNewswire/ --</p> <p><b>First Quarter Highlights:</b> </p> <ul type="disc"><li>HMH reported an adjusted EBITDA of <money>USD 33 million</money> for the quarter, with free cash flow of <money>USD 15 million</money>.</li><li>AKOFS Offshore delivered strong operational performance across all vessels.</li><li><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span> increased its ownership in AKOFS Offshore to 66.7 percent following the completion of the buy-out of Mitsui's stake alongside MOL.</li><li>Post quarter-end, AKOFS Offshore completed the refinancing of AKOFS Seafarer through a new <money>USD 110 million</money> non-recourse facility, securing funding for debt repayment, upcoming SPS, and general corporate purposes.</li><li>DDW Offshore entered into an agreement to http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html Wed, 30 Apr 2025 01:12:00 -0500 AKAST AKAST O.01212855 Akastor ASA: First Quarter Results 2025 http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html <div class="xn-content"> <p><span class="legendSpanClass">FORNEBU, <location value="LC/no" idsrc="xmltag.org" >Norway</location></span>, <span class="legendSpanClass"><chron>April 30, 2025</chron></span> /PRNewswire/ --</p> <p><b>First Quarter Highlights:</b> </p> <ul type="disc"><li>HMH reported an adjusted EBITDA of <money>USD 33 million</money> for the quarter, with free cash flow of <money>USD 15 million</money>.</li><li>AKOFS Offshore delivered strong operational performance across all vessels.</li><li><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span> increased its ownership in AKOFS Offshore to 66.7 percent following the completion of the buy-out of Mitsui's stake alongside MOL.</li><li>Post quarter-end, AKOFS Offshore completed the refinancing of AKOFS Seafarer through a new <money>USD 110 million</money> non-recourse facility, securing funding for debt repayment, upcoming SPS, and general corporate purposes.</li><li>DDW Offshore entered into an agreement to http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+First+Quarter+Results+2025/24710244.html Wed, 30 Apr 2025 01:12:00 -0500 AKAST AKAST O.01212855 Akastor ASA: Invitation to Presentation of First Quarter 2025 Results http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>April 11, 2025</chron></span> /PRNewswire/ -- <span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor ASA</span> invites investors and analysts to a webcast presentation of the first quarter 2025 financial results on <b>Wednesday, <chron>30 April 2025</chron>.</b></p> <p><b>Date and time:</b><br/>Wednesday, <chron>30 April 2025</chron>, at <b><chron>15:00 CET</chron></b></p> <p><b>Presenters:</b></p> <ul type="disc"><li><b><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span></b>: <person>Karl Erik Kjelstad</person>, CEO, and Øyvind Paaske, CFO </li><li><b>HMH</b>: <person>Thomas McGee</person>, CFO, and <person>David Bratton</person>, SVP FP&A and Operational Finance</li></ul><p><b>Link to webcast:<br/></b><a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=3330685684&u=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025&a=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025" target="_blank" rel="nofollow">https://akercreativehub.eventcdn.net/events/akastor-audiocast-q1-2025</a></p> <p>Questions can be submitted throughout the streaming event. The presentation material will be published on <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1398489917&u=https%3A%2F%2Fwww.akastor.com%2F&a=www.akastor.com" target="_blank" rel="nofollow">www.akastor.com</a> and <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1631366574&u=https%3A%2F%2Fwww.newsweb.no%2F&a=www.newsweb.no" target="_blank" rel="nofollow">www.newsweb.no</a> http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html Fri, 11 Apr 2025 03:16:00 -0500 AKAST AKAST O.01212855 Akastor ASA: Invitation to Presentation of First Quarter 2025 Results http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>April 11, 2025</chron></span> /PRNewswire/ -- <span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor ASA</span> invites investors and analysts to a webcast presentation of the first quarter 2025 financial results on <b>Wednesday, <chron>30 April 2025</chron>.</b></p> <p><b>Date and time:</b><br/>Wednesday, <chron>30 April 2025</chron>, at <b><chron>15:00 CET</chron></b></p> <p><b>Presenters:</b></p> <ul type="disc"><li><b><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span></b>: <person>Karl Erik Kjelstad</person>, CEO, and Øyvind Paaske, CFO </li><li><b>HMH</b>: <person>Thomas McGee</person>, CFO, and <person>David Bratton</person>, SVP FP&A and Operational Finance</li></ul><p><b>Link to webcast:<br/></b><a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=3330685684&u=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025&a=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025" target="_blank" rel="nofollow">https://akercreativehub.eventcdn.net/events/akastor-audiocast-q1-2025</a></p> <p>Questions can be submitted throughout the streaming event. The presentation material will be published on <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1398489917&u=https%3A%2F%2Fwww.akastor.com%2F&a=www.akastor.com" target="_blank" rel="nofollow">www.akastor.com</a> and <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1631366574&u=https%3A%2F%2Fwww.newsweb.no%2F&a=www.newsweb.no" target="_blank" rel="nofollow">www.newsweb.no</a> http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html Fri, 11 Apr 2025 03:16:00 -0500 AKAST AKAST O.01212855 Akastor ASA: Invitation to Presentation of First Quarter 2025 Results http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>April 11, 2025</chron></span> /PRNewswire/ -- <span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor ASA</span> invites investors and analysts to a webcast presentation of the first quarter 2025 financial results on <b>Wednesday, <chron>30 April 2025</chron>.</b></p> <p><b>Date and time:</b><br/>Wednesday, <chron>30 April 2025</chron>, at <b><chron>15:00 CET</chron></b></p> <p><b>Presenters:</b></p> <ul type="disc"><li><b><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span></b>: <person>Karl Erik Kjelstad</person>, CEO, and Øyvind Paaske, CFO </li><li><b>HMH</b>: <person>Thomas McGee</person>, CFO, and <person>David Bratton</person>, SVP FP&A and Operational Finance</li></ul><p><b>Link to webcast:<br/></b><a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=3330685684&u=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025&a=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025" target="_blank" rel="nofollow">https://akercreativehub.eventcdn.net/events/akastor-audiocast-q1-2025</a></p> <p>Questions can be submitted throughout the streaming event. The presentation material will be published on <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1398489917&u=https%3A%2F%2Fwww.akastor.com%2F&a=www.akastor.com" target="_blank" rel="nofollow">www.akastor.com</a> and <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1631366574&u=https%3A%2F%2Fwww.newsweb.no%2F&a=www.newsweb.no" target="_blank" rel="nofollow">www.newsweb.no</a> http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html Fri, 11 Apr 2025 03:16:00 -0500 AKAST AKAST O.01212855 Akastor ASA: Invitation to Presentation of First Quarter 2025 Results http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>April 11, 2025</chron></span> /PRNewswire/ -- <span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor ASA</span> invites investors and analysts to a webcast presentation of the first quarter 2025 financial results on <b>Wednesday, <chron>30 April 2025</chron>.</b></p> <p><b>Date and time:</b><br/>Wednesday, <chron>30 April 2025</chron>, at <b><chron>15:00 CET</chron></b></p> <p><b>Presenters:</b></p> <ul type="disc"><li><b><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span></b>: <person>Karl Erik Kjelstad</person>, CEO, and Øyvind Paaske, CFO </li><li><b>HMH</b>: <person>Thomas McGee</person>, CFO, and <person>David Bratton</person>, SVP FP&A and Operational Finance</li></ul><p><b>Link to webcast:<br/></b><a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=3330685684&u=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025&a=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025" target="_blank" rel="nofollow">https://akercreativehub.eventcdn.net/events/akastor-audiocast-q1-2025</a></p> <p>Questions can be submitted throughout the streaming event. The presentation material will be published on <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1398489917&u=https%3A%2F%2Fwww.akastor.com%2F&a=www.akastor.com" target="_blank" rel="nofollow">www.akastor.com</a> and <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1631366574&u=https%3A%2F%2Fwww.newsweb.no%2F&a=www.newsweb.no" target="_blank" rel="nofollow">www.newsweb.no</a> http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html Fri, 11 Apr 2025 03:16:00 -0500 AKAST AKAST O.01212855 Akastor ASA: Invitation to Presentation of First Quarter 2025 Results http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>April 11, 2025</chron></span> /PRNewswire/ -- <span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor ASA</span> invites investors and analysts to a webcast presentation of the first quarter 2025 financial results on <b>Wednesday, <chron>30 April 2025</chron>.</b></p> <p><b>Date and time:</b><br/>Wednesday, <chron>30 April 2025</chron>, at <b><chron>15:00 CET</chron></b></p> <p><b>Presenters:</b></p> <ul type="disc"><li><b><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span></b>: <person>Karl Erik Kjelstad</person>, CEO, and Øyvind Paaske, CFO </li><li><b>HMH</b>: <person>Thomas McGee</person>, CFO, and <person>David Bratton</person>, SVP FP&A and Operational Finance</li></ul><p><b>Link to webcast:<br/></b><a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=3330685684&u=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025&a=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025" target="_blank" rel="nofollow">https://akercreativehub.eventcdn.net/events/akastor-audiocast-q1-2025</a></p> <p>Questions can be submitted throughout the streaming event. The presentation material will be published on <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1398489917&u=https%3A%2F%2Fwww.akastor.com%2F&a=www.akastor.com" target="_blank" rel="nofollow">www.akastor.com</a> and <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1631366574&u=https%3A%2F%2Fwww.newsweb.no%2F&a=www.newsweb.no" target="_blank" rel="nofollow">www.newsweb.no</a> http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html Fri, 11 Apr 2025 03:16:00 -0500 AKAST AKAST O.01212855 Akastor ASA: Invitation to Presentation of First Quarter 2025 Results http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/no..oslo" idsrc="xmltag.org" >OSLO, Norway</location></span>, <span class="legendSpanClass"><chron>April 11, 2025</chron></span> /PRNewswire/ -- <span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor ASA</span> invites investors and analysts to a webcast presentation of the first quarter 2025 financial results on <b>Wednesday, <chron>30 April 2025</chron>.</b></p> <p><b>Date and time:</b><br/>Wednesday, <chron>30 April 2025</chron>, at <b><chron>15:00 CET</chron></b></p> <p><b>Presenters:</b></p> <ul type="disc"><li><b><span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor</span></b>: <person>Karl Erik Kjelstad</person>, CEO, and Øyvind Paaske, CFO </li><li><b>HMH</b>: <person>Thomas McGee</person>, CFO, and <person>David Bratton</person>, SVP FP&A and Operational Finance</li></ul><p><b>Link to webcast:<br/></b><a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=3330685684&u=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025&a=https%3A%2F%2Fakercreativehub.eventcdn.net%2Fevents%2Fakastor-audiocast-q1-2025" target="_blank" rel="nofollow">https://akercreativehub.eventcdn.net/events/akastor-audiocast-q1-2025</a></p> <p>Questions can be submitted throughout the streaming event. The presentation material will be published on <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1398489917&u=https%3A%2F%2Fwww.akastor.com%2F&a=www.akastor.com" target="_blank" rel="nofollow">www.akastor.com</a> and <a target="_blank" href="https://c212.net/c/link/?t=0&l=en&o=4403547-1&h=1631366574&u=https%3A%2F%2Fwww.newsweb.no%2F&a=www.newsweb.no" target="_blank" rel="nofollow">www.newsweb.no</a> http://www.streetinsider.com/PRNewswire/Akastor+ASA%3A+Invitation+to+Presentation+of+First+Quarter+2025+Results/24627813.html Fri, 11 Apr 2025 03:16:00 -0500 AKAST AKAST O.01212855 Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24443052.html <div class="xn-content"> <p><span class="legendSpanClass">FORNEBU, <location value="LC/no" idsrc="xmltag.org" >Norway</location></span>, <span class="legendSpanClass"><chron>March 4, 2025</chron></span> /PRNewswire/ -- <span value="Oslo:AKAST" idsrc="xmltag.org" >Akastor ASA's</span> (OSE: AKAST) subsidiary <span value="ACORN:5021182991" idsrc="xmltag.org" >DDW Offshore AS</span> ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of <money>USD 25 million</money>, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent.</p> <p>The agreement is expected to be completed in Q2 2025 whereby about <money>USD 10 million</money> of the purchase price will be used to repay a proportional portion of DDW Offshore's debt. http://www.streetinsider.com/Press+Releases/Akastor+ASA%3A+Sale+of+%26quot%3BSkandi+Peregrino%26quot%3B+by+DDW+Offshore/24443052.html Tue, 04 Mar 2025 03:17:00 -0500 A.50211829 AKAST AKAST O.01212855 O.06212279 OSAKA