Norwegian tycoon Kjell Inge Rokke has sold a slice of his offshore vessel company AKOFS Offshore to Japanese partner Mitsui OSK Lines (MOL).
The deal for MOL to acquire 8.3% from Rokke’s Akastor follows the completion of the exit of trader Mitsui & Co as a shareholder.
Akastor will now own two-thirds of the stock, with MOL having the rest.