Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    Navion sale completed

    News // April 11, 2003
    On 07 April, Statoil formally transferred its wholly-owned shipping company Navion ASA to Norsk Teekay AS, a wholly-owned subsidiary of Teekay Shipping Corporation.

    In connection with the transfer of shares in Navion to Teekay, Statoil executive vice president Erling Øverland will be replaced as chair of Navion by Bjørn Møller, chief executive of Teekay.

    The new president of Navion from the same date will be Peter Antturi, who comes from the post of chief financial officer of Teekay.

    More articles from this category

    More news