Awilhelmsen Sells 4.8 Mn Shares of Royal Caribbean Cruises

Royal Caribbean InternationalImage Courtesy: Royal Caribbean International

Norwegian investment company Awilhelmsen AS has sold 4.8 million shares of common stock of Royal Caribbean Cruises.

Awilhelmsen, one of three founders of Royal Caribbean Cruises, sold the shares of the Miami-based cruise company to a financial institution in a market transaction pursuant to Rule 144 of the Securities Act.

As a result of the transaction, the Arne Wilhelmsen family became the sole owner of Awilhelmsen and following the sale of RCL shares, Awilhelmsen, together with its affiliates, continues to beneficially own 12% of RCL common stock.

“This sale of shares enables Awilhelmsen to complete a transaction with its owning families, while maintaining its significant position as the largest shareholder of RCL,” Sigurd E. Thorvildsen, Awilhelmsen Chief Executive Officer, said.

The privately owned investment company operates in the following business areas Cruise Vacations, Real Estate, Shipping & Offshore, Retail and Financial Investments.

Share this article

Follow World Maritime News

In Depth>


<< Feb 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year…

read more >


The mindset of sustainability and efficiency is the key to unlocking successful business…

read more >


LNG2019 features the largest number and highest level of LNG industry leaders.

read more >