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    Dockwise targets OHT

    News // March 23, 2001
    Heavy lift specialists Dockwise - part of the Heerema Group - have launched a friendly take-over bid for Offshore Heavy Transport (OHT) in Norway. Currently, the Wilhemsen group owns 51.7 per cent of OHT.

    Under the proposed deal, 34 per cent of the merged Dockwise-OHT concern would be transferred to OHT's shareholders, leaving Wilhemsen with around 18 per cent of the new company.

    As previously highlighted in Offshore Shipping Online, OHT operates a small but modern fleet based on two highly sophisticated, recently completed vessels, the Black Marlin and Blue Marlin.

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