555bn ($194.3m) against NOK 1.528bn in 2013.

In November last year, Oslo-based Awilhelmsen reduced its stake in Royal Caribbean from 14.3% to 11.5% but continues to be a major shareholder in the US and Oslo-listed company.

Awilhelmsen was one of the founders of Royal Caribbean in 1969 with Gotaas Larsen and IM Skaugen, which later sold out.

Awilhelmsen also has a 33.7% stake in listed Awilco LNG, which has a fleet of five LNG carriers, and a 43.3%