Fairstar Heavy Transport NV is a provider of long-distance ocean transportation services for the offshore and onshore industries. Fairstar operates two of the world’s largest and most modern self-propelled semi-submersible heavy transport vessels, Fjord and Fjell. Fairstar is based in Rotterdam and quoted on the Oslo Stock Exchange (ticker: FAIR).
In the prospectus dd 27 February 2009 in connection with the offering of the Right Issue and the Directed Issue as described therein we stated wrongly that Hanzevast Shipping has made her claim to have suffered damages totalling approximately $ 8 million by Fairstar with the knowledge of Louis Dreyfus as a tactical move against Fairstar. The court in interlocutory proceeding in Groningen ruled that this statement is wrongful against Hanzevast.
| FAIRSTAR FJELL completes maiden voyage, successfully executes roll-on/float-off operation in Sicily |
| May 25, 2009 |
| Fairstar Heavy Transport (FAIR) announces that the Fjell has successfully completed its maiden contract in Trapani, Sicily and received total revenues of USD1.32 million. The Fjell was used to transport the 7000 ton chemical tanker "Marettimo M" from t ›› |
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| FAIRSTAR Annual General Meeting |
| May 19, 2009 |
| Fairstar Heavy Transport NV (FAIR) today held its Annual General Meeting in Rotterdam. A total of 80.25% (34,649,943 shares) of the outstanding shares in the Company were represented at the meeting. ›› |
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