An update from Akastor ASA ( (AKKVF) ) is now available.
DDW Offshore, a subsidiary of Akastor ASA, has agreed to sell the vessel ‘Skandi Peregrino’ for USD 25 million, with the transaction expected to complete in Q2 2025. The sale will allow Akastor to repay a portion of DDW Offshore’s debt and distribute a substantial portion of the net proceeds as cash dividends to shareholders, potentially enhancing shareholder value.
More about Akastor ASA
Akastor ASA is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments, focusing on active ownership and long-term value creation. Its subsidiary, DDW Offshore, owns and operates modern Anchor Handling Tug Supply (AHTS) vessels designed to perform anchor-handling, towing, and supply services at offshore oil and gas fields globally.
YTD Price Performance: 0.45%
Average Trading Volume: 800
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $312.8M
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