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Frontline has its origin in Frontline AB, which was founded in 1985, and which was listed on the Stockholm Stock Exchange from 1989 to 1997. Hemen Holding (a company indirectly controlled by the largest shareholder and chairman of Frontline, John Fredriksen) became the largest shareholder of Frontline in 1996.
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She is one of the Navy's two medium auxiliary repair dry docks, and was the first floating dry dock built for the US Navy since World War II. [1] Laid down in 1977, delivered and placed in service on 4 January 1979, she is still in service at the Naval Submarine Support Facility at Naval Submarine Base New London , in Groton, Connecticut .
In 1911 the Richelieu And Ontario Navigation Co. were allowed to increase their capital stock. At a special meeting of shareholders held on June 26, it was decided to increase the stock from $5,000,0000 to $10,000,000, with the distribution of new shares to be issued by the directors.
Great Lakes Fleet was formed on July 1, 1967, when U.S. Steel consolidated its Great Lakes shipping operations by merging the Pittsburgh Steamship Division and its sister fleet, the Bradley Transportation Company forming the USS Great Lakes Fleet. [2] In 1981, Great Lakes Fleet was spun off into a U.S. Steel-owned subsidiary, Transtar, Inc. [3]
Todd Shipyards was founded in 1916 as the William H. Todd Corporation when properties of the Tietjen & Lang Dry Dock Company of Hoboken, New Jersey were bought in 1916 by a syndicate headed by Bertron Griscom & Company of New York and placed under management of William H. Todd, president of the Robins Dry Dock & Repair Co., Erie Basin, Brooklyn, New York. [6]
At the close of the 2007 financial year, the number of traded lots on dry FFAs doubled the derived physical product. [citation needed] Shanghai Shipping Freight Exchange is the first electronic shipping freight exchange in the world. It has three lines of businesses, including International Dry Bulk, Domestic Coastal Coal, and International ...
Dart originally offered $65 a share, and then raised its offer to $68. The stock market crash of October 1987 ended Dart's attempt to take over the company, when Dayton-Hudson stock fell to $28.75 a share the day the market crashed. [2] Dart's move is estimated to have resulted in an after-tax loss of about $70 million. [33]
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