Veteran broker Ole-Jacob Libaek is selling his shares in Oslo-based broker O-J Libaek&Partners.
Libaek, 67, says he will concentrate on ships and offshore development with his sister company Libaek&Associates, which is working on a number of projects, including developing panamax tankers for operations in the Caspian Sea. "I hope I have 10 years left in shipping," the high-profile owner told the Norwegian daily Dagens Naeringsliv.
