Key Developments For Knightsbridge Tankers Ltd
Knightsbridge Tankers Ltd (VLCCF.O) (Nasdaq)
Knightsbridge Tankers Limited Announces Dividend
Knightsbridge Tankers Limited announced that on February 5, 2009, the Board declared a dividend of $0.25 per share. The record date for the dividend is February 18, 2009, ex dividend date is February 13, 2009, and the dividend will be paid on or around March 2, 2009.
Knightsbridge Tankers Limited Announces Dividend
Knightsbridge Tankers Limited announced that the Board has declared a dividend of $0.75 per share. The record date for the dividend is August 22, 2008, ex dividend date is August 20, 2008, and the dividend will be paid on or about September 9, 2008.
Knightsbridge Tankers Limited Announces Cash Dividend
Knightsbridge Tankers Limited announced that on May 14, 2008, the Board declared a dividend of $0.75 per share. The record date for the dividend is May 27, 2008, ex dividend date is May 22, 2008, and the dividend will be paid on or about June 9, 2008.
Knightsbridge Tankers Limited Announces Sale Of Vessel
Knightsbridge Tankers Limited announced that it has agreed to sell its 1995 built double hull VLCC tanker Chelsea for the net sale proceeds of approximately $99 million. Delivery to buyers is expected to take place in January 2008.
Knightsbridge Tankers Limited Announces Acquisition Of Newbuilding Contracts
Knightsbridge Tankers Limited announced that it has agreed to purchase two newbuilding contracts, each for a Capesize bulk carrier of approximately 170,000 deadweight tons (dwt). The ships will be built at Daehan Shipbuilding Co. Ltd in the Republic of Korea with delivery scheduled for September and December 2009 respectively. The newbuilding contracts have been acquired from Golden Ocean Group Limited (GOGL) which company has ordered a series of sister ships at the same yard. The contract price for the two vessels is $81 million per vessel. In addition Knightsbridge will pay a 1% commission to GOGL for arranging the deal. GOGL is listed on the Oslo Stock Exchange and is a related party of Frontline Ltd, the parent company of the Company's manager.
