Bergesen D.y. ASA
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Bergesen D.y. ASA
Bergesen d.y. ASA was a Norwegian shipping company, and one of the world's largest. The company was founded by Sigval Bergesen d.y. (1893–1980). He was the son of Sigval Bergesen, who was also a shipping magnate, but in 1935 he broke with his father to form his own company. The same year he bought the tanker President de Vogue (renamed Bergesund), in 1937 Charles Racine and in 1939 Anders Jahre (renamed Bergeland). By the time of the war he then had three major tankers, though Charles Racine was hit by torpedoes and destroyed in 1942. Bergesen used the war to position himself in the market, and by 1950 he had four ships in his fleet, by 1955 the fleet had reached seven, and 16 by 1970. Two of its OBO ships, MS Berge Istra and MS Berge Vanga disappeared under mysterious, however similar circumstances in 1975 and 1979, and the company to this day keeps all information about the disasters secret. In 1976 Sigval Bergesen d.y. was forced to retire for health reasons. Managem ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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MS Berge Vanga
MS ''Berge Vanga'' was an ore-bulk-oil carrier with . The ship was owned by Norwegian shipping company Sig. Bergesen d.y. and registered in Liberia. The ship had build number 300 at the Uljanik shipyard in the port city Pula in Croatia where it was built in 1974. The ship was en route from Brazil to Japan with iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ... when contact was lost with the vessel in the South Atlantic from 29 October 1979. The ship vanished and the ensuing search operation yielded no results. Forty people lost their lives. Some debris that resembles parts from the tanker was found northwest of Tristan da Cunha island, but no traces of the crew. Still very little is known about the disaster, and the hearing after the accident was held behind close ...
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1935 Establishments In Norway
Events January * January 7 – Italian premier Benito Mussolini and French Foreign Minister Pierre Laval conclude an agreement, in which each power agrees not to oppose the other's colonial claims. * January 12 – Amelia Earhart becomes the first person to successfully complete a solo flight from Hawaii to California, a distance of 2,408 miles. * January 13 – A plebiscite in the Territory of the Saar Basin shows that 90.3% of those voting wish to join Germany. * January 24 – The first canned beer is sold in Richmond, Virginia, United States, by Gottfried Krueger Brewing Company. February * February 6 – Parker Brothers begins selling the board game Monopoly in the United States. * February 13 – Richard Hauptmann is convicted and sentenced to death for the kidnapping and murder of Charles Lindbergh Jr. in the United States. * February 15 – The discovery and clinical development of Prontosil, the first broadly effective antibiotic, is published ...
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