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IM Skaugen terminates market maker agreement with SEB

IM Skaugen is terminating a four and half year old market maker agreement with SEB.

Marcus Hand, Editor

December 29, 2015

1 Min Read
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The market make agreement which stems from May 2011 was designed to provide better liquidity for smaller shareholders, allowing them to but and sell in smaller lots.

With decision to terminate the agreement with SEB obligations under it will be performed until 29 February 2016.

“We are in a process of evaluating if such liquidity arrangements has had and will have the desired effect to warrant the additional cost for the company,” IM Skaugen said.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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