Harald Espedal’s Skagen has sold off 100,000 shares in the shipowner, which are worth around NOK 3.25m ($545,977).

Skagen is left with 1.48 million shares in Eidesvik after the move, giving it a 4.93% slice.

It remains the second largest external investor in the shipowner after Pareto.

Eidesvik stock was trading at NOK 32.50 each at the time of writing, valuing the company at NOK 979.88m.

Skagen