History  

2018

Sept 2018      –       Distribution of cash dividend

July 2018       –      Took delivery of M.V. Liberty Bay

June 2018      –      New credit facility of $64,4 with ABN AMRO to refinance the

                                facility with ABN AMRO and DVB and to patially finance the

                                acquisition of  M.V. Monterey Bay, M.V. Liberty Bay and

                                M.V. Alsea Bay.

June 2018       –     Took delivery of M.V. Alsea Bay and M.V. Monterey Bay

June 2018      –      Repurchase of 34,637 own shares 

May 2018       –     Repurchase of 1,509,273 own shares

April 2018      –     Repurchase of 637,122 own shares

2017

Sept 2017       –    Appointment of new Senior Management

April 2017      –    Sale process of M.V. Azure Bay was completed 

2016

Oct 2016        –     Took delivery  of M.V. Tenacity Bay and M.V. Resolute Bay

Sept 2016      –      Repurchase of  33,590 own shares

July 2016       –      Repurchase of  804,254 own shares

May 2016      –      Terminates Last Two Newbuilding Contracts

Mar 2016       –      Terminates Five Newbuilding Contracts and Delays the Delivery Schedule of Remaining Vessels

Jan 2016        –      Took delivery of Green Dolphin eco-design newbuilding M.V. Kite Bay

2015

Nov 2015      –      Terminates Three Newbuilding Contracts and Delays the Delivery Schedule of Remaining Vessels

Aug 2015      –       Took delivery of Green Dolphin eco-design newbuilding M.V. Falcon Bay

Aug 2015      –      Completion of the US$25m Private Placement

May 2015      –      Committed newbuild financing of US$150.1m from ABN AMRO, Deutsche Bank and Nord LB

2014

Apr 2014       –      Confirmed newbuildings increased to 12 Green Dolphins

Mar 2014       –      Successfully raised US$75m in the Norwegian OTC equity market

Mar 2014       –      Committed financing of US$47m from US based CIT

Mar 2014       –      Committed financing of US$72m from ABN AMRO and DVB

Mar 2014       –     Acquired 13 existing high quality assets since inception

2013

Sept 2013      –      Pioneer Marine was established