Battle of the seas in the shadow of the billionaire conflict – DNB and the state renounce claims for billions

Axmed

Global Courant

In the shadow of the argument between Kjell Inge Røkke and Christen Sveaas lies a conflict over a very important ship. If the banks win the battle for the ship, Solstad can escape a billion-dollar claim.

The ship “Normand Maximus” plays a little-known dual role in the refinancing of Solstad Offshore, which was somewhat overshadowed by the spectacular feud between billionaires Kjell Inge Røkke and Christen Sveaas. There is a claim against Solstad of almost two billion kroner in connection with the ship. The banks will let Solstad release the majority if they win a legal battle against the original owner.Photo: Kees Torn/Flickr

Published January 15, 2024, at 3:01 AMUpdated on January 15, 2024, at 03:01


Battle of the seas in the shadow of the billionaire conflict – DNB and the state renounce claims for billions

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