In Norway, the trouble began in earnest in 2015 and has become more intense throughout 2016. Vessel layups, low rates, feeble demand and crushing oversupply have all combined to turn ‘restructuring’ into the buzzword of today. Darrin Griggs reports on the state of play in Norway on pages 30 to 41.
Latest Jobs
Norway Offshore
The offshore industry’s worst downturn in 30 years has hit shipowners like a ton of bricks.
25 August 2016 17:00 GMT
Updated
25 August 2016 17:00 GMT