Acquisition of Offshore Heavy Transport AS and name change

Ocean HeavyLift ASA, Oslo, has acquired its commercial manager Offshore Heavy Transport AS (OHT). The acquisition will transform the company into a fully-integrated heavy transport operator.
The company will capitalise on the strong experience and merits of the OHT team and the Board of Directors has thus decided to change the company's name to Offshore Heavy Transport AS. The name change is expected to take in late January 2009.