ShippingWatch

J. Lauritzen establishes offshore joint venture with private equity investor

Today, J. Lauritzen Ltd. and the Norwegian private equity investor HitecVision, which is focused on the oil- and gas industry, established a 50/50 joint venture company.

Together with the Norwegian private equity investor HitecVision, which is focused on the oil- and gas industry in particular, J. Lauritzen has established a 50/50 joint venture, informs the company in a new press release.

The point of departure for the new company is J. Lauritzen’s hotel and services vessel ‘Dan Swift’. The ship was delivered in December 2009 and has since operated for Statoil and Shell. At the moment, the ship is on a long-term contract with the Brazilian oil company, Petrobras.

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

Price of Maersk's new methanol ships drops

Maersk has just ordered six new methanol-powered container ships and now reveals that the added cost of building green ships compared to conventional ones is decreasing. Economies of scale, says equity analyst.

Esvagt pursues Taiwanese offshore wind

The Danish offshore service operator has located a possible partner on the island as a part of high hopes for the local offshore wind market. If successful, Esvagt could be ready to service wind at sea in the far east in a few years.

Related articles

Latest news

See all jobs