Until recently, Norway's OSM was the ship manager that made the most headlines for taking over the management of Frontline and Kristian Gerhard Jebsen Skipsrederi.

But in September, it broke its streak, losing a bidding war against India's Synergy Marine for the management of the Maersk Tankers fleet, despite the backing of aggressive US private equity firm Oaktree Capital Management, which is its 49% shareholder.

Today, chief executive Finn Amund Norbye emphasises organic growth as OSM’s preferred but not exclusive goal.