Norway could lose millions on Oceansaver collapse

Norway's state-owned fund Investinor expects to lose its entire investment after the collapse of ballast water systems supplier Oceansaver. Norway actively fought to have the IMO rules postponed, which wound up derailing the company.
Haakon H. Jensen is CEO of the national investment fund Investinor. | Photo: Investinor
Haakon H. Jensen is CEO of the national investment fund Investinor. | Photo: Investinor

The Norwegian state could end up losing its entire investment on the bankruptcy in Oceansaver, which produces ballast water management systems.

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