Restructuring IM Skaugen (IMS) is to leave the Oslo stock exchange on 14 September.

The LNG carrier company's application to delist has been rubber-stamped by the bourse.

TradeWinds reported last month that Norwegian shipowner Morits Skaugen junior's business was about to make a new start.

The reshaped company, which was listed in Oslo in 1990, will be back under private ownership, with the 62-year-old holding a smaller slice.