Home » Investors » Financial strategy

Financial strategy


Financial strategy
Oceanteam has a disciplined financial strategy.

The company is exposed to financial risk in different areas. Financial risks include interest rate and currency fluctuations, investment and trading risks in general. The overall strategy to reduce currency risk is largely based on natural hedging. Natural hedging means having revenue and costs in the same currency on a project basis. In some cases, the company’s interest rates strategy includes the use of interest swap agreements for loans.

Oceanteam ASA’s Vessel Owning Companies agree with Financiers on Amendment of Facility Agreement

Aug 05 2020 Oceanteam and its joint venture partner Bourbon have agreed with the financiers of the jointly owned Vessels to defer the Q1, Q2 and Q3 instalments for 2020 under the Vessels’ Facility Agreement until its expiry in 2022 to allow for flexibility to perform planned capex activities on both Vessels this summer and to cater for the...

Oceanteam ASA reports full year 2019 results

Apr 09 2020 The year 2019 has proven to be challenging for both Oceanteam’s Shipping and Solutions segment but both segments have performed according to budgetary expectations.

Leadership Change in Oceanteam ASA, following resignation of current CEO Leidus Bosman Oceanteam ASA

Jan 27 2020 The Board of Directors of Oceanteam ASA ("Oceanteam" or "Company") today announced that it has appointed Henk van den IJssel as Chief Executive Officer (“CEO”) of Oceanteam with effect from 1 February 2020.
Contact Oceanteam Follow us on