Seafalcon Agencies

The Board of Directors increased to 6 members. SeaFalcon Group started a new, weekly Container/RORO transshipment service from Karachi to West Africa. The Grimaldi Group's shareholding exceeded the 45% threshold and launched a mandatory bid for all the outstanding shares at NOK 97 per share, then increased its stake in SFA to 81%, and then to 91%. ACL started a new, weekly RORO transshipment service between UAE and the Mediterranean. SeaFalcon Group signed a multi-year contract with Dubai International Terminal.