Looking for a specific product?

Make a search for products & suppliers, articles & news.

Nor-Shipping Venture Forum 2013 kicked off yesterday

Nor-Shipping Venture Forum kicked off yesterday, heralding a new matchmaking arena for growth companies and investors. 

The exclusive event brought together venture capitalists, industrial investors, dealmakers and entrepreneurs. It is also a catalyst for the newly launched alignment between the Ocean Industries of maritime, offshore energy and seafood that aims to exploit synergies and unlock opportunities.

“The Ocean Industries buzzword has become more and more common,” said Erik W. Jakobsen, Partner and CEO of Menon Business Economics.

Many Norwegian companies in Ocean Industries have had very high growth, Jakobsen said. Of the high-growth companies in Norway that doubled their revenues from 2009 to 2011, about a quarter of them were related to Ocean Industries, he said. Over that two-year period, those 258 companies had total revenues of NOK 50 billion.

Some of Norway’s most successful investors – Grieg, Kjell Inge Røkke’s Aker, and John Fredriksen’s companies – already have ownership stakes in all three Ocean Industry segments.

Start-ups, spin-offs and gazelles were all welcome at Venture Forum, with the initial focus on technology companies within shipping and offshore shipping.

The event was divided into three sessions covering operational efficiency technology, oil and gas technology, and green technology. The heads of a select group of capital-hungry maritime companies gave sales pitches to sell their stories and lure potential investors. Following the presentations, a panel of experts, including financial and industrial heavyweights, gave their critique and advice based on factors such as market relevance, business models, drivers for success, and partnering opportunities. They may even set up a behind-the-scenes meeting after the event.

The Nor-Shipping Agenda Offshore conference dedicated an entire session to the Ocean Space, signifying its importance. Gunvor Ulstein, CEO of Ulstein Group, said the opportunities will be enormous as the Ocean Space develops – from offshore wind and deepsea mining to aquaculture and ocean mapping and monitoring. “There are a lot of new places we can take our technology and expand,” she said.

For the full press release, please visit the Nor-Shipping website.

Associated companies:


Related news

Latest news

Midtnorsk Havbruk chooses concrete barge from Steinsvik

The barge is the fourth in the Steinsvik’s concrete barge series.

New technical trainee blogpost: Furnaces, pumps and robots

Adam has just finished his second trainee rotation in Kristiansand

The Norwegian network of United Nations Global Compact launched today

Lise Kingo, CEO and Executive Director of the UNGC,

DNV GL and Goldwind join forces on development of digital certification tools

MyCertificate is the first digital certification solution for wind turbines,

DNV GL leads consortium to update Carbon Trust Floating LiDAR Roadmap

DNV GL, the world’s largest resource of independent energy experts and certification body,

PRESS RELEASE: Servogear to propel Asian built windfarm vessels

The contract with Cheoy Lee Shipyards was signed in Q2 2018.

SERVICEBULLETIN: Grease filling of the propeller system

SERVICEBULLETIN 180921: Grease filling of the propeller system

FILM: The world´s first HD220 gearbox returns for an overhauling

The gearbox has been operating flawlessly for more than 20.000 hours...

Øveraasen delivers machine number 66 to New York

Totally over the last ten years,