Aker Philadelphia Shipyard ASA authorized a dividend of $0.25 per share. The dividend will be paid on November 21, 2014 for the record date holders of November 11, 2014. The ex-date is November 12, 2014.

The company appointed Steinar Nerbovik as president and CEO of the company. He served as Managing Director. Kristian Rokke will continue as Chairman, but in non-executive capacity. Both changes are effective from November 5, 2014.