ShippingWatch

Aker's investments decline in value

The value of the Aker group's investments, which cover several large oil and shipping companies, declined for the second consecutive quarter. "Our portfolio is exposed to volatile industries," chief executive says.

Øyvind Eriksen is chief executive of the Aker group, which is owned by Norwegian magnate Kjell Inge Røkke. | Photo: PR / Aker/© Ilja C. Hendel | post@iljahendel.com | +47 90855081

The oil industry's dificulties this autumn is now also rubbing off on the Aker group, which covers several investments in offshore and shipping.

The group is owned by Norwegian magnate Kjell Inge Røkke and has major shareholdings in well-known companies such as Aker BP, Kvaerner, Aker Solutions and Ocean Yield.

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