DHT Holdings' co-CEOs move from Oslo to Singapore

New Norwegian tax laws taking effect this year have made the crude oil company move its two CEOs to Singapore.

Photo: DHT Holdings

Crude oil tanker company DHT Holdings' co-CEOs, Svein Moxnes Harfjeld and Trygve P. Munthe, will move their offices from Oslo to Singapore, the company informs in a press release.

The relocation is a consequence of a new Norwegian tax law that takes effect this year and impacts companies founded outside Norway.

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