Product details

This is the fourth of a five-case series (IMD-5-0691 to IMD-5-0695). The case series covers the developments of the heavy-lift business from 1980-2002. This case covers the developments after the launch of Offshore Heavy Transport (OHT), a new semi-submersible heavy lift carrier in Norway until its acquisition by Dockwise, a much larger Dutch competitor (2002). It starts with the decision of John Nielsen (see case (C)) not to invest in OHT. It outlines the operating experience of OHT. The company, although profitable, was later sold to its much larger Dutch competitor after the larger institutional investors (major shareholders) decided to convert their OHT shares into a smaller holding in the dominant Dockwise.