As part of its strategy to grow and diversify its portfolio, in 2010 nogaholding purchased 35% shares in Skaugen, a vessel owing company which transported petrochemical gases, mainly from Saudi Arabia to the Far East. In 2017, nogaholding exited its investment in Skaugen, selling its ownership interest to Sonoma LLC.
Newton Legal acted as counsel for nogaholding in the share transfer process.
Our involvement included: