ShippingWatch

Lauritzen withdraws from offshore flotel venture

Axis Offshore will be merged with Norway's Prosafe – and J. Lauritzen will thus go from being an active player in the offshore sector to serving merely as a financial investor. The downturn in the oil- and gas market makes the merger the only right move, Axis CEO Jesper Kragh Andresen tells ShippingWatch.

Photo: Axis Offshore

SINGAPORE

J. Lauritzen's ambitions of serving as an active player in the offshore sector are now definitively over.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs