Havila Shipping and Rem Offshore topped the list of top declining shares in January on Oslo’s two stock exchanges.

Offshore vessel owner Havila Shipping was named top loser on the Oslo Stock Exchange, according to just-released data.

Its shares plunged 40.9% to close the month at just NOK 1.53 ($0.18).

They closed marginally higher today at NOK 1.56.

As TradeWinds has reported, the Njal Saevik-led company is working to push through a financial restructuring but has yet to garner sufficient support from bondholders.

Rem