Norwegian oil service company Kvaerner, which is controlled by billionaire Kjell Inge Roekke, increased 10.7 percent on the Oslo Stock Exchange on Wednesday, to USD 1.87, following the announcement that the company was exploring "new strategic opportunities to further strengthen its business."
"The Board concludes that the time now is right to explore opportunities to accelerate the development of Kvaerner," said the company in a statement on Wednesday.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
"The challenges we face as an industry require more skills and competencies"
They are a generation of future maritime leaders shaped both by Covid-19 and shutdowns and now by a world filled with tension. Four potential future managers enrolled in the Blue MBA program give their take on why it is important to improve your skills.
Leading shippers prepared to pay 10% extra for sustainable transportation
Shippers are willing to pay more for ”green” transportation if it’s reliable. But they have to state their wishes more clearly, and prices have to be lowered, writes McKinsey in a new report, which provides suggestions for how to accelerate decarbonization.
Eagle Bulk maintains optimistic outlook despite economic headwind
In spite of negative world economy signals and surging inflation, Eagle Bulk CEO Gary Vogel holds on to his positive expectations for the dry bulk market.
Gas-starved Europe is about to get a pair of floating LNG units
Two companies say they will each set up an LNG terminal in the north and south of Europe amid the continent’s gas crisis following Russia’s invasion of Ukraine.
CEO appoints new J. Lauritzen investment team
Kristian Mørch, the former CEO of Odfjell and current CEO of investment firm J. Lauritzen, has already constructed his new team, which involves both shipping and investment industry professionals.
Bunker Trader - Copenhagen 
Senior Associate – Group Strategy Office 
Experienced Bunker Trader - Tønsberg/Oslo 
Head of Airfreight 
Assistant Fleet Superintendent 
Operations Controller – Weco Tankers 
Operations Manager for B-Gas A/S in Copenhagen 
Legal secretary for Shipping / Offshore / Transportation 
Adm. Director of Svendborg District Heating 
Logistics coordinator with responsibility for our shipping activities 
A lawyer (chief consultant) is wanted for People & Culture