Harvard Kennedy School Info session

You are invited to an information session to learn about our degree programs, admissions procedures and finacial aid opportunities

October 31,2012
5.00pm- 7.oopm
Kistefos AS
Stranden 1a, 7th floor, 0250 Oslo

In particular, applicants will learn about the Kistefos Public Service Fellowship Fund, which was established to support students from Norway who demonstrate a capacity to lead, commitment to improving governance, academic proficiency, professional experience, leadership potential, demonstrated financial need and the potential to make a significant, positive difference upon returning to
Norway. Graduates of the Oslo Handelsgymnasium are especially encouraged to apply.
For more information about Harvard Kennedy School, please visit:www.hks.harvard.edu.

To RSVP, please email dana_sonis@harvard.edu by October 25.

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Heléne Mellquist appointed CEO Industrial Shipping, TransAtlantic

Heléne Mellquist has been promoted to CEO of RABT TransAtlantic’s (OMX: RABT) Industrial Shipping Division effective immediately.

Heléne joined TransAtlantic in January 2012 as CFO. Prior to joining TransAtlantic, Heléne held various finance and managerial positions within the Volvo Group over a 20 year period, most recently as CFO and Vice President at an International Division of Volvo Trucks.
Ms. Mellquist holds a degree in International Economics from the University of Gothenburg.
“TransAtlantic’s Industrial Shipping division is in the middle of a restructuring process that seeks to significantly improve profitability for the division through market share gains and cost restructuring. Heléne has been central to the creation of this strategy and execution plan. We are very excited about Heléne taking over the overall responsibility of the Industrial Shipping division ensuring continuity in executing this strategy. Industrial Shipping is in good hands with the appointment of Heléne.” says Henning E. Jensen, CEO of TransAtlantic. “At the same time I would like to thank Kim H. Sørensen for his significant contributions during his short tenure with TransAtlantic and wish him all the best.”

For further information please contact TransAtlantic’s Head of Corporate Communications, Carina Dietmann ph: +46 31 763 2334.

 Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company is organized into two business areas: Industrial Shipping and Viking Supply Ships. The company has about 850 employees and the turnover in 2011 was MSEK 2,989. The Industrial Shipping business area consists of three divisions: Bulk, Container and RoRo Baltic. Viking Supply Ships operates within the offshore and icebreaking segment. The company’s B-shares are listed on the NASDAQ OMX Stockholm, Small Cap segment.www.rabt.se  

TransAtlantic is obliged to make this information public according to the Financial Markets Act and/or the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med finansiella instrument). The information was submitted for publication on 9 October, 2012 at 1.00 pm.

Bagatelle tildeles Michelinstjerne

Bagatelle er tildelt en Michelinstjerne allerede første driftsåret etter gjenåpningen.

Bagatelle hentet i mai 2011 stjernekokken Derrick Styczek fra New York. Derrick har tidligere drevet en stjernerestaurant, skrevet matbøker og deltatt i matprogrammer.
«Vi har investert betydelig og jobbet målrettet for raskt å komme tilbake i toppen», sier Chef Derrick Styczek. Vår målsetting er å være en topprestaurant – men ikke nødvendigvis dyrest!
«Vi har derfor komponert en 4-retters a la carte meny til 795,-, i tillegg til våre andre menyer, slik at alle som har lyst til en uforglemmelig matopplevelse kan få det på Bagatelle».
Videre er Lille B, Bagatelles Brasserie som ligger vegg-i-vegg, tildelt utmerkelsen «Bib Gourmand».
Bagatelle og Lille B fikk altså to av sju norske utnevnelser i Michelin, og etablerer igjen Bygdøy Allé 3 som et av de beste mathus i Norge.
Det nye konseptet Lille B har også vist seg som en suksess, sier Derrick. Her serveres ulike lunchretter på dagtid, samt enklere middagsretter fra samme kjøkken på ettermiddagen/kvelden.
Vil også få gratulere Maaemo med sin tildeling. Det blir en morsom kamp fremover, sier Derrick med glimt i øye.
Jeg gleder meg til å ønske nye og gamle gjester velkommen til Bagatelle og Lille B, sier en glad og stolt Derrick Styczek.

Ny VD utsedd för TransAtlantic Industrial Shipping

Styrelsen i TransAtlantic har beslutat utse Kim Hedegaard Sörensen som ny CEO, Industrial Shipping, i Rederi AB Transatlantic med tillträde den 1 mars 2012.

 

Kim Hedegaard Sörensen är utbildad vid universitet i Danmark och har även en Masterutbildning i ekonomi samt en Executive MBA från IMD. Sedan 1994 har Kim Hedegaard Sörensen arbetat internationellt i olika ledande befattningar inom AP Möller – Maersk, bland annat som Strategichef i Maersk Line, VD för Maersk Filipinas och senast som VD Europé Region, Damco.

 
«Kim Hedegaard Sörensen har en betydelsefull branscherfarenhet från internationell shipping, transport och logistik, säger Henning E. Jensen, koncernchef för TransAtlantic. Vi är mycket glada att få välkomna honom till TransAtlantic och är övertygade om att Kim Hedegaard Sörensens professionella erfarenhet, ledarskap och strategiska styrka kommer att bana framgångar för TransAtlantic, Industrial Shipping.»

 

Verksamheten inom Industrial Shipping består av fem olika divisioner med sammanlagt 50 fartyg som samverkar för att uppnå maximal utnyttjandegrad för fartygen och hög service åt TransAtlantics kunder. Verksamheten är fokuserad på kontraktsbaserade transporter, främst för nordisk basindustri men även för stora internationella aktörer.
TransAtlantic består av affärsområdena Industrial Shipping med säte i Göteborg och Viking Supply Ships med säte i Köpenhamn, tidigare benämnt Offshore/Icebreaking.

 

Percy Österström, nuvarande VD för Industrial Shipping, lämnar över den dagliga verksamheten för att helt fokusera på att utveckla affärsområdets växande marknad och stärka kundrelationer i rollen som Senior Vice President. Percy Österström träder även in som medlem i Industrial Shippings styrelse.

 

För ytterligare information, vänligen kontakta informationschef Carina Dietmann tel. 031-763 2334

 

Rederi AB TransAtlantic är ett ledande svenskt rederi med huvudkontor i Göteborg samt kontor i ytterligare nio länder i Europa. TransAtlantic är indelat i två affärsområden; Industrial Shipping och Icebreaking/Offshore, det senare verksamt under namnet Viking Supply Ships. Fartygsflottan består av sammanlagt 63 fartyg och bolaget har cirka 950 anställda. Omsättningen för Q4 2010 – Q3 2011 uppgick till MSEK 2 700. Affärsområdet Industrial Shipping är uppdelat i fem divisioner; Bulk, Container, RoRo Baltica Short Sea Bulk och Integrated Logistics. Bolagets B-aktie är noterad på NASDAQ OMX Stockholm, segment Small Cap. www.rabt.se

 

Informationen är sådan som TransAtlantic är skyldig att offentliggöra enligt lagen om värdepappersmarknaden och/eller lagen om handel med finansiella instrument. Informationen lämnades för offentliggörande den 27 januari 2012 kl. 14.15

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TransAtlantic acquires SBS Marine and conducts a rights issue of approximately SEK 550 M

Rederi AB TransAtlantic (”TransAtlantic”) acquires all shares in the British offshore shipping company SBS Marine (Holdings) Ltd (”SBS Marine”) from Kistefos AS (”Kistefos”) for a preliminary consideration of approximately SEK 340 M. SBS Marine has a net debt of approximately SEK 480 M. In connection with the acquisition, TransAtlantic conducts a rights issue of approximately SEK 550 M to finance the acquisition and to strengthen the company’s financial position in advance of the forthcoming division of the group.

At the Extraordinary General Meeting, which will decide on the acquisition as well as the rights issue, Henning E. Jensen, new Chief Executive Officer of Kistefos, is proposed for election to TransAtlantic’s Board of Directors, where he will replace Åge Korsvold, who has resigned as Chief Executive Officer of Kistefos and who will thus also resign from TransAtlantic’s Board of Directors.

SBS Marine is a British offshore shipping company based in Aberdeen. The company operates a fleet of five modern and one older PSV vessels (Platform Supply Vessel) with a current turnover of approximately SEK 220 M on an annual basis.

The acquisition of SBS Marine is a part of TransAtlantic’s focus on the business area Offshore/Icebreaking in order to strengthen TransAtlantic’s product offering in the business area.

To finance the acquisition and to strengthen the company’s financial position in advance of the forthcoming division of the group, TransAtlantic conducts a rights issue of approximately SEK 550 M.

The Board of Directors1 in TransAtlantic regards the transaction as beneficial for the company and its shareholders and unanimously recommends the shareholders to approve the acquisition and the rights issue at the Extraordinary General Meeting in TransAtlantic, which will take place on November 7, 2011.

For further information please see press release: Download press release(Eng)

Harvard Kennedy School

Information session at  Kistefos 24th of October at 1700hrs

You are invited to an information session to learn about our degree programs, admissions procedures & financial aid opportunities.

October 24, 2011 5:00 pm – 7:00 pm Kistefos AS Stranden 1 A, Aker Brygge, 7th floor, Oslo

In particular, applicants will learn about the Kistefos Public Service Fellowship, which was established to support students from Norway who demonstrate a capacity to lead, commitment to improving governance, academic proficiency, professional experience, leadership potential,demonstrated financial need and the potential to make a significant, positive difference upon returning to Norway.

Graduates of the Oslo Handelsgymnasium are especially encouraged to apply.

For more information about Harvard Kennedy School, please visit www.hks.harvard.edu.

To RSVP, please email dana_garfunkel@harvard.edu by October 21.

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Press release- New CEO at Kistefos AS

henningjensen

Oslo, 21st September 2011

Mr. Henning E. Jensen is employed as CEO of Kistefos AS and will start mid October 2011.

Prior to joining Kistefos, Henning E. Jensen was CEO of RHI AG, the publically traded (Vienna stock exchange) global leader in refractories. Before that he worked for Tyco Electronics (NYSE: TEL) in various leadership positions for almost 10 years including heading up its global automotive business and being CFO for electronic components, Tyco Electronics’ largest business segment. He started his industrial career and spent close to 10 years with General Motors (NYSE: GM) and Delphi in various financial, strategic, and M&A leadership positions. Prior to his industrial career, Henning E. Jensen was a Professor of Finance at University of San Francisco for five years.

Mr. Jensen holds an MBA from University of San Francisco and has undertaken executive and post graduate studies in St. Gallen and the Wharton School.

Contact: Christen Sveaas, Chairman of the Board – Phone: +47 23 11 70 00

Line2 Transforms the iPad Into a Communications Hub

New App Adds a Phone Line to the iPad, Then Merges Calls, Texts, and Voicemails Into One Communications Stream
– The iPad changed the way we consume media on a mobile device. Now Line2 is transforming the tablet into a mobile communications hub with the introduction of Line2 for iPad.

September 16, 2011San Francisco, CA

Line2 for iPad turns the device into a mobile office at one’s fingertips by adding a phone line, then seamlessly organizing your various communication channels around the people with whom you communicate. Instead of trying to hunt down a message across multiple applications, you now have a snapshot view of your communications for each individual right in front of you.

Line2 adds a fully-featured phone line to the iPad that can place and receive calls and carrier-grade text messages over the device’s data connections (WiFi or 3G). If the iPad does not have a data connection, calls can be automatically forwarded to up to six other phones so that customers can ensure that they never miss an important call.

“The iPad has been our best-converting platform for new customer signups. Following our customers’ lead, we’ve created a brand new version of Line2 from the ground up to take advantage of the unique capabilities of the iPad. We invented a new type of communications device,” said Peter Sisson, Founder and CEO of Line2. “I’ve completely replaced my office deskphone, using the iPad 2’s built in speakers and mic as a speakerphone and a Bluetooth headset for more private conversations.”

With Line2 you can place calls using a wired headset, Bluetooth headset (on iPad 2 only), or over the iPad’s speakerphone. Line2, combined with the iPad’s powerful built-in speakers and microphone, makes for an amazing on-the-go business tool for conference calls with multiple people in the room. Just set the iPad down on the table in a group meeting and it’s like having a high-grade conference phone with an abundance of additional features.

No other iPad app offers the features and functionality of Line2. The app is packed with advanced calling features, including full caller ID support, the ability to juggle multiple calls, visual voicemail, voicemail by email, call waiting, call transfer, and conferences for up to 20 people. You can even multitask while using Line2 and perform other tasks while on a call, or receive calls while engaged in other activities on the iPad.

Line2’s WiFi capabilities allow international travelers to place and receive calls while overseas without incurring any additional charges. Using Line2, calls to any number back home will be free, as will calls to other Line2 users, wherever they are worldwide. Line2’s WiFi call quality is also better than traditional cellular quality, and WiFi calls between two Line2 customers use 16-kHz HD audio for crystal clear sound quality that is stunning to experience.

Line2 offers a free 7 day trial with an account created at the Line2 website. After the trial, service costs just $9.95/month for the basic plan with unlimited US/Canada calling and texting, or $99.50 for a one year pre-paid plan. Also available is the Line2 Pro plan, which comes with all of the features of Line2 plus an auto attendant, call screening, ability to route calls to multiple phones simultaneously, caller-specific call forwarding, after-hours settings, and Mac/PC-based calling for just $14.95/month or $149.50 per year. These plans are available through the Line2 website with credit card billing.

About Line2
Line2 is solving communication problems one app at a time. The company, headquartered in San Francisco, creates innovative communications services for professionals, with high-end features and world-class live customer support. Its flagship product, Line2, adds a second line to your smartphone to seamlessly manage «second selves» (multiple profiles such as work and personal lives) on one device. Its groundbreaking Line2 for iPad turns the tablet into a full-featured desktop phone.

www.line2.com/

TransAtlantic continues the spin-off of the group

Spin-off of the group and the capital structure

The board of directors has decided to continue with the spin-off of the group to create two well capitalised and well positioned separate units, Rederi AB TransAtlantic and Trans Viking Offshore A/S. The aim is to distribute Trans Viking Offshore A/S to the shareholders under the “lex Asea”-rules and to list the company on the Stock Exchange in Oslo during 2012. Rederi AB TransAtlantic will continue to be listed on NASDAQ OMX Stockholm.

To secure the operation freedom of both business areas in the ongoing restructuring and in the strategic development, the board of directors intends to propose, at an extraordinary shareholders’ meeting to be held this autumn, to issue shares with pre-emptive rights in Rederi AB TransAtlantic. The board of directors has yet to decide on the size and on the other conditions of the issue, but estimates that it will be in the range of SEK 500 million. The amount of the issue is contingent on a potential acquisition of SBS Marine Ltd (see below). Kistefos AS, the majority owner of TransAtlantic, has announced its intentions to subscribe for its part of the issue.

The acquisition of the shipping and logistics company Österströms is completed today

TransAtlantic’s acquisition of the shipping and logistics company Österströms International AB has been completed today, on 8 June. During 2010, Österströms International AB’s sales totalled SEK 900 million, and the company had about 400 employees. By acquiring Österströms, TransAtlantic strengthens its position as one of the leading shipping companies in Sweden, and the transaction builds a continuously solid basis for the expansion of services in the Baltic Sea.

The operations of Österströms International AB will be integrated in the Industrial Shipping business area. The business area after the acquisition will consist of five divisions: Bulk, Container, RoRo Baltic, ShortSea Bulk and Integrated Logistics. During 2010, sales for the business area totalled SEK 2,800 million pro forma. The vessel fleet consist of 48 vessels that are wholly or partly owned, and vessels chartered for short or long periods.

The business area will be operating under the name TransAtlantic. In the view of the board of directors the integration of Österströms will create preconditions for cost rationalisation.

The board of directors has appointed Percy Österström as Head of Industrial Shipping business area. Percy Österström will continue as CEO of the subsidiaries Österströms International AB and Österströms Rederi AB.

As a part of acquiring Österströms, a new group management has been appointed in TransAtlantic, consisting of CEO Rolf Skaarberg, CFO Gunnar Modalen, HR Manager Britta Stolt, Christian W. Berg as Head of business area Offshore/Icebreaking, and Percy Österström as Head of business area Industrial Shipping.

Relocation of head office

The board has also decided to relocate TransAtlantic’s head office from Skärhamn, Tjörn, to Gothenburg. The relocation is expected to be completed by year-end 2011/2012. The reason for the relocation is proximity to clients, suppliers, trade organisations, banks and external advisers etc. Hence, the present head office in Skärhamn will be closed.

The establishment of Trans Viking in Denmark and consideration of a strategic acquistion

The establishment of the offshore operations, Trans Viking Offshore A/S, including the relocation of its head office to Copenhagen, is proceeding as planned and is expected to be completed by the end of 2011. The Swedish operations, comprising its three combined AHTS vessels, and the operating responsibility of the icebreakers owned by the Swedish State, will be relocated from Skärhamn to Gothenburg.

The Offshore business area comprises six offshore vessels and two new-build contracts that will be delivered in 2011/2012. The vessels operate in the Arctic offshore market, in the offshore spot market, in the North Sea as well as in the global offshore sector. The sales of the business area totalled about SEK 300 million in 2010.

Those of the board members that are independent of the principal owner Kistefos AS have decided to initiate negotiations with Kistefos AS regarding a possible acquisition of a wholly-owned subsidiary in the Kistefos group, SBS Marine Ltd., a British offshore shipping company based in Aberdeen. The company operates a fleet of five modern and one older PSV-vessel. At present SBS Marine’s turnover totals about SEK 200 million on a yearly basis. A possible acquisition is deemed to be made in cash.

The press release on the acquisition of Österströms International AB, the spin-off of the group etc. was published on 31 March 2011.

For further information, please contact CEO Rolf Skaarberg,
telephone +46 304 67470.