Source Pravda.Ru

Olsen Sinks On News From Titanic Shipyard

Olsen Energy ASA, the Norwegian base oil rig owner, has said it will take “a substantial” write-down of the value of its assets at the Harland & Wolff shipyard in Belfast, Northern Ireland because the yard has too few contracts. The write-down in value of Olsen's 92.2 percent stake in the yard that built the Titanic comes because of a “lack of new orders,” the company said in a statement to the Oslo Stock Exchange. The amount to be written off has not been set yet and will be announced later. The charges will have an effect on Olsen's first quarter results, the company has said.

Comments
Russia to rebuild its former Soviet naval base in Syria's Tartus
Russia not pulling out from any international agreements, Putin says
Capitalism reduced Indonesian cities to infested carcases
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
USA looking for reason to see nuclear weapons in action
Tel Aviv, Jerusalem, capitals and puppets
Capitalism reduced Indonesian cities to infested carcases
North Korea declares victory over USA
Capitalism reduced Indonesian cities to infested carcases
Tel Aviv, Jerusalem, capitals and puppets
Tel Aviv, Jerusalem, capitals and puppets
US-led coalition killed more than 9,000 people in Syria since 2014
US-led coalition killed more than 9,000 people in Syria since 2014
US-led coalition killed more than 9,000 people in Syria since 2014
Turkish President Erdogan issues ultimatum to Washington and Brussels
Capitalism reduced Indonesian cities to infested carcases
Russian special services detain Hizb ut-Tahrir members in Crimea
Donbass without militia will be worse than Srebrenica - Putin
Russian scientists find a way to look inside black holes