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The company’s 20 largest investors at 31 December 2009 were:<br />
JCE GROUP AB SWE 16 250 000 23,84<br />
EKSPORTCONSULT AS NOR 15 252 000 22,37<br />
Ugrani Holdings Limi 17 Gr. Xenopoulou CYP 13 253 000 19,44<br />
MORGAN STANLEY & CO S/A MSCO CLIENT EQUI NOM USA 4 069 733 5,97<br />
DEUTSCHE BANK AG LON PRIME BROKERAGE FULL NOM GBR 3 523 431 5,17<br />
CHEYNE GLOBAL CATALY CYM 2 915 698 4,28<br />
TRAFALGAR AS NOR 2 713 600 3,98<br />
HARMON TRADING INC. PAN 1 600 000 2,35<br />
HAVILA AS NOR 1 208 000 1,77<br />
HAVILA SHIPPING ASA NOR 1 135 455 1,67<br />
WIECO AS NOR 1 018 000 1,49<br />
SKIPS AS TUDOR NOR 550 000 0,81<br />
SKARPEBO INVEST AB SWE 543 000 0,8<br />
WIECO INVEST AS NOR 518 000 0,76<br />
FRAM SHIPPING LTD BMU 497 600 0,73<br />
JPMORGAN CHASE LEHMAN BROTHERS BANK DEU 464 000 0,68<br />
CABERIAN INVESTMENT PAN 399 000 0,59<br />
WATERMAN HOLDING INC Roy Mosvold GBJ 389 500 0,57<br />
PATRONIA AS C/O WIECO AS NOR 318 000 0,47<br />
MP PENSJON NOR 210 000 0,31<br />
18 Marine Subsea <strong>Annual</strong> <strong>Report</strong> 2009
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