DOF to issue shares worth millions to survive ahead to 2022

Norway's DOF, which has been through a financial crisis and a subsequent restructuring, is looking to raise NOK 500 million in a new share issue. The fresh funds will pad the carrier ahead to 2022, reports Sysla.

BY LOUISE VOGDRUP-SCHMIDT, SHIPPINGWATCH

Offshore carrier DOF announced on Monday that it plans to raise NOK 500 million (USD 61.2 million) in a new share issue.

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