Arne Blystad-backed OHT may seek a merger or third-party investment to bridge a funding gap for its new wind turbine foundation installation vessel.
The Oslo-listed shipowner clinched a five-year $135m loan in May to finance the 48,000-dwt Alfa Lift, due from China Merchants Industry Holdings early in 2022.
But chief financial officer Tom Jebsen told a conference call with analysts that the company needed $175m from DNB and Sparebank 1 SR-Bank.
