Arne Blystad's Offshore Heavy Transport (OHT) is listing in Oslo in a bid to ensure it can raise funds to expand its business.
The heavylift and offshore wind farm vessel player will be admitted to the Oslo Stock Exchange's Merkur Market on 28 September following a private placement of shares this week worth NOK 545m ($60m).
The cash will be used to finance the first of two jack-up installation vessels for wind farms to be built at China Merchants Heavy Industry (CMHI) in China with...
