BHO B+H Ocean Carriers Ltd. Common Stock

CUSIP No. 929248508 13G Page 2 of 7 Pages

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(1) NAMES OF REPORTING PERSONS

 Nordic Alpha plc. (See Item 2(A))

 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)



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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 (a) [X]
 (b) [ ]
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 (3) SEC USE ONLY
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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Ireland
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NUMBER OF (5) SOLE VOTING POWER
 -0-
SHARES ______________________________________________________________

BENEFICIALLY (6) SHARED VOTING POWER
 -481,927- (See Item 4)
OWNED BY ______________________________________________________________

EACH (7) SOLE DISPOSITIVE POWER
 -0-
REPORTING ______________________________________________________________

PERSON WITH (8) SHARED DISPOSITIVE POWER
 -0- (See Item 4)
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 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 -481,927- (See Item 4)
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 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
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 (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 7.03%
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 (12) TYPE OF REPORTING PERSON **
 IV
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 ** SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 929248508 13G Page 3 of 7 Pages

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(2) NAMES OF REPORTING PERSONS

 Nordic Omega plc. (See Item 2(A))

 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)



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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 (a) [X]
 (b) [ ]
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 (3) SEC USE ONLY
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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Ireland
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NUMBER OF (5) SOLE VOTING POWER
 -0-
SHARES ______________________________________________________________

BENEFICIALLY (6) SHARED VOTING POWER
 -30,600- (See Item 4)
OWNED BY ______________________________________________________________

EACH (7) SOLE DISPOSITIVE POWER
 -0-
REPORTING ______________________________________________________________

PERSON WITH (8) SHARED DISPOSITIVE POWER
 -30,600- (See Item 4)
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 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 -30,600- (See Item 4)
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 .45%
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 (12) TYPE OF REPORTING PERSON **
 IV
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 ** SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 929248508 13G Page 4 of 7 Pages

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(3) NAMES OF REPORTING PERSONS

 Orkla Finans (Kapitalforvaltning) ASA(See Item 2(A))

 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 (a) [X]
 (b) [ ]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY
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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Kingdom of Norway
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NUMBER OF (5) SOLE VOTING POWER
 -0-
SHARES ______________________________________________________________

BENEFICIALLY (6) SHARED VOTING POWER
 -512,527- (See Item 4)
OWNED BY ______________________________________________________________

EACH (7) SOLE DISPOSITIVE POWER
 -0-
REPORTING ______________________________________________________________

PERSON WITH (8) SHARED DISPOSITIVE POWER
 -512,527- (See Item 4)
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 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 -512,527- (See Item 4)
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 7.48%
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 (12) TYPE OF REPORTING PERSON **
 IA
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CUSIP No. 055090104 13G Page 5 of 7 Pages
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Item 1(a). Name of Issuer:

 The name of the issuer is B+H Ocean Carriers Ltd. (the "Issuer").

Item 1(b). Address of Issuer's Principal Executive Offices:

 The Issuer's principal executive offices are located at:
 3rd Floor Par
 La Ville Place,
 14 Par-La-Ville Road,
 Hamilton, HM, JX Bermuda .

Item 2(a). Name of Person Filing:

 This schedule 13G is being filed by Nordic Alpha plc. and Nordic Omega
plc., each an Irish limited liability investment company (together, the "Funds")
with variable capital offering interests in European focused investments in
securities and Orkla Finans (Kapitalforvaltning) ASA (the "Investment Manager"),
the Investment Manager to the Funds.

Item 2(b). Address of Principal Business Office or, if None, Residence:

 The address of the business office of each Fund is 25/28 North Wall
 Quay, Dublin 1, Ireland. The address of the Investment Manager is
 Tordenskoldsgate 8-10, PO Box 1724, 0121 Oslo, Norway.

Item 2(c). Citizenship:

 Each Fund is organized as an Irish limited liability investment company
in Ireland. The Investment Manager is organized in the Kingdom of Norway.

Item 2(d). Title of Class of Securities:
 Common Shares, $.01 par value ("Common Stock")

Item 2(e). CUSIP Number: 055090104

Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:

 (a) [ ] Broker or dealer registered under section 15 of the Act
 (15 U.S.C. 78o).
 (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 (c) [ ] Insurance company as defined in section 3(a)(19) of the Act
 (15 U.S.C. 78c).
 (d) [ ] Investment company registered under section 8 of the
 Investment Company Act of 1940 (15 U.S.C 80a-8).
 (e) [ ] An investment adviser in accordance with
 ss.240.13d-1(b)(1)(ii)(E);
 (f) [ ] An employee benefit plan or endowment fund in accordance with
 ss.240.13d-1(b)(1)(ii)(F);
 (g) [ ] A parent holding company or control person in accordance with
 ss. 240.13d-1(b)(1)(ii)(G);
 (h) [ ] A savings associations as defined in Section 3(b) of the Federal
 Deposit Insurance
 Act (12 U.S.C. 1813);
 (i) [ ] A church plan that is excluded from the definition of an
 investment company under section 3(c)(14) of the Investment
 Company Act of 1940 (15 U.S.C. 80a-3);
 (j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).

 N/A

CUSIP No. 055090104 13G Page 6 of 7 Pages
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Item 4. Ownership.

 (a) Amount beneficially owned: Nordic Alpha plc.: 481,927
 Nordic Omega plc.: 30,600
 Orkla Finans
 (Kapitalforvaltning) ASA: 512,527

 (b) Percent of class:
 Nordic Alpha plc.: 7.03%
 Nordic Omega plc.: .45%
 Orkla Finans
 (Kapitalforvaltning) ASA: 7.48%

 The percentages used herein and in the rest of Item 4 are
 calculated based upon 6,852,544 shares outstanding as of June
 30, 2008, as reported on the Issuer's 6-K filed on August 19,
 2008.

 (c) (i) Sole power to vote or direct the vote:
 Nordic Alpha plc.: 0
 Nordic Omega plc.: 0
 Orkla Finans
 (Kapitalforvaltning) ASA: 0

 (ii) Shared power to vote or direct the vote:
 Nordic Alpha plc.: 481,927
 Nordic Omega plc.: 30,600
 Orkla Finans
 (Kapitalforvaltning) ASA: 512,527

 (iii) Sole power to dispose or direct the disposition:
 Nordic Alpha plc.: 0
 Nordic Omega plc.: 0
 Orkla Finans
 (Kapitalforvaltning) ASA: 0

 (iv) Shared power to dispose or direct the disposition:
 Nordic Alpha plc.: 481,927
 Nordic Omega plc.: 30,600
 Orkla Finans
 (Kapitalforvaltning) ASA: 512,527

Orkla Finans (Kapitalforvaltning) ASA is the Investment Manager to Nordic Alpha
plc. and Nordic Omega plc. Accordingly, the Investment Manager may be deemed to
be a beneficial owner of shares of Common Stock owned by the Funds.

Item 5. Ownership of Five Percent or Less of a Class.

 Not applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the
 Security Being Reported on by the Parent Holding Company.

 Not applicable.

Item 8. Identification and Classification of Members of the Group.

 Not applicable.

Item 9. Notice of Dissolution of Group.

 Not applicable.

CUSIP No. 055090104 13G Page 7 of 7 Pages
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Item 10. Certification.

 The Reporting Persons hereby makes the following certification:

 By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.

SIGNATURES

 After reasonable inquiry and to the best of our knowledge and
belief, the undersigned certify that the information set forth in this statement
is true, complete and correct.


DATED: September 8, 2008

 NORDIC ALPHA PLC.

 By: /s/ Lisbeth Gyland
 ----------------------
 Name: Lisbeth Gyland
 Title: Director


 NORDIC OMEGA PLC.

 By: /s/ Lisbeth Gyland
 ----------------------
 Name: Lisbeth Gyland
 Title: Director


 ORKLA FINANS
 (KAPITALFORVALTNING) ASA

 By: /s/ Bjorn Slatto
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 Name: Bjorn Slatto
 Title: Managing Director