The newly simplified operational structure at bulker owner Belships makes it an “easier” takeover target, Clarksons Securities believes.
The Oslo-listed supramax and ultramax company said on Monday it had bought a bigger stake in the Norwegian branch of its operating arm, Lighthouse Navigation, while selling off a sister business in Asia.
The shipowner raised its holding from 50% to 67% in Norway, while divesting its 50.1%
