JanEyvin Wang tells TradeWinds WebTV the NOK 700m ($120m) issue, which took lessthan an hour to complete, will help fund the Oslo-listed owner’s continuousgrowth plans.

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He said: “We have several uses.We have some bonds expiring later on in a few years.

“We have investments we want tomake both on the vessels and land based activities, so I think this money willbecome wisely spent in the years ahead.”

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