Dockwise Now Controls 80.4 Pct of Fairstar Shares

 Dockwise today announces that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the outstanding shares of  Fairstar Heavy Transport N.V. (“Fairstar”).

Over the weekend shares were bought from various shareholders including Indofin/Parkland.

Dockwise has agreed the purchase of 17,834,122 shares or 20% in Fairstar, increasing its holdings from 60.4% to 80.4%. Shares were bought from Indofin/Parkland and certain other shareholders.

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Press Release, July 2, 2012