Brenner West loses interest in Ocean Yield

Oslo: Brenner West Capital,  a key supporter in Ocean Yield’s recent initial public offering on the Oslo Bors (pictured), has reduced its interest in the shipowner.

The share sale leaves the hedge fund with a holding of less than 5% after selling off 545,771 shares.

Aker is the majority shareholder of Ocean Yield, which in turn is controlled by Norwegian serial entrepreneur, Kjell Inge Rokke, a man with a fortune worth $1.9bn, according to Forbes.  Rokke is also a board member at Ocean Yield.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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