Norway's Jo Odfjell is happy with its investment in compatriot Thor Dahl Shipping, according to chairman Tore Hopen.

Last year, the Bergen-based chemical tanker owner purchased a large stake in Thor Dahl, a Sandefjord-based containership company.

Pleased with the surging boxship market, Hopen said Jo Odfjell has no further plans to integrate its fleet with Thor Dahl.