Listings Confirm Oslo’s International Appeal

by Tore J. Fjell, Senior Vice President and Oddleif Hatlem, Market Adviser, Oslo Stock Exchange

This year has been one of the most successful in the history of the Oslo Stock Exchange and the separate shipping and offshore industries list has shown particular strength. As of November, 49 new companies had been approved for listing – bringing the total from 172 at the beginning of the year to over 210 by the end of November.

Shipping and offshore companies represent a large proportion of the total listed companies on the OSE. By the end of October, the market value of the shipping and offshore shares listed was US$18 billion (21% of total OSE market value). Of a total of 210 companies, 59 (28%) were shipping or offshore companies. In all, 15 of the companies in the sector are foreign-based.

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