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Dolphin Enters $55 Million Vessel Charter, Plans Share Issue

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Oct. 17 (Bloomberg) -- Dolphin Group ASA entered an agreement with Sanco Shipping for the charter of the Sanco Swift vessel for a total cost of about $55 million. The company plans to raise $35 million in a private placement to pay for the equity part of the steamer package.

Link to Statement:{NSN LT7VN23HBS3K <GO>}

Link to Company News:{DOLP NO <Equity> CN <GO>}

To contact the editor responsible for this story: Josiane Kremer at jkremer4@bloomberg.net

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