Managing director Karl Even Rygh says 2016 proved to be another challenging year for Nordisk.

“The market situation has created a litigious business environment, with the result that our assistance is often required in disputes that would otherwise have been resolved amicably,” he said.

Nordisk describes last year as the most challenging yet for its offshore members as more long-term contracts entered into in the good times expired, and more support vessels and rigs were laid up.