A share sale by Offshore Heavy Transport (OHT) was fully booked, 24 hours ahead of time.

The Arne Blystad-led company was thus secured NOK 545m ($60m) to invest in the offshore wind farm installation vessel sector.

Company chairman Rune Magnus Lundetrae said he is happy with the outcome of the share issue.

“We had a very good response in the market and feel that it is a good size and quality on the subscribers,” he told Norwegian financial daily Finansavisen.