Norwegian shipowner Bjorn Tore Larsen has a model for investing in the shipping industry that is both simple and colourful.

“I like to say we are like a lion that sleeps with one eye open, looking for something,” he says during an interview at his waterfront office in Lysaker near Oslo.

While Larsen admits he does not always catch his prey as “the zebra can sometimes outrun you”, he believes one quality is important for investing in the industry.