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Norwegian shipping magnates behind new offshore giant

Norwegian shipping magnates John Fredriksen and Kjell Inge Røkke seem to be the main architects behind a plan to create a consolidated supply shipping company by joining the fleets of Farstad Shipping, Deep Sea Supply, and Solstad.

Photo: Farstad Shipping

After a long period of uncertainty about the future of Norwegian carrier Farstad Shipping, the supply carrier is now embroiled in plans to create an entirely new and significantly larger Norway-based supply carrier, which will also involve Deep Sea Supply and Solstad.

This is according to a press release issued by Farstad Shipping on the Oslo Stock Exchange.

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