OHT's Ramstad says Subsea 7 merger is 'a marriage made in heaven'

OHT chief executive Torgeir Ramstad said he is very much looking forward to completing the company's tie-up with Subsea 7's renewables division to kick-start a renewed focus on contracts for offshore wind farm ships.

The Arne Blystad-backed shipowner announced the merger in July. The deal will create a fleet of 12 ships, including newbuildings, under the Seaway 7 name and retain an Oslo Stock Exchange listing.