Gradually riding out of the industry downturn, Norway’s maritime cluster is hoping to take advantage of its prowess in ship technology during the age of energy transition.

With tightening environmental regulations and a growing focus on digitalisation in shipping, Norwegian shipowners, equipment makers and shipbuilders may enjoy brighter business prospects in the coming years, some industry officials suggest.

“Norway has a competitive edge, especially related to new technology and technical competence,” Tuva Flagstad-Andersen, DNV GL’s maritime manager for North Europe, tells TradeWinds.