Keesjan Cordia invests over $2.5m in Oceanteam

Keesjan Cordia invests over $2.5m in Oceanteam

Dutch offshore firm Oceanteam has reached an agreement with Keesjan Cordia which will see the former owner of Seafox take a NOK20m ($2.56m) shareholding.

The deal will be voted on during an extraordinary general meeting of shareholders on April 13. Cordia will also take a position on the board, which has been decimated since the resignations of Hessel Halbesma, Haico Halbesma and Int Pos.

Cordia commented: “Oceanteam is an interesting platform for consolidation in the O&G – offshore industry & renewable Industry. When approached by the Board of the Company, I recognized the immediate need for the Company to be steered into calmer waters, both financially and organizationally. Therefore, I am pleased to offer to invest in this Norwegian / Dutch offshore entity and to provide my support in the restructuring and re-vitalizing of the Company. I am confident the banking consortium will be constructive in facilitating the required flexibility, going forward.”

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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