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Norwegian shipowners: Crisis calls for drastic measures

Norwegian offshore carriers have lost half of their revenue over the past three years, Director General of the Norwegian Shipowners' Association, Sturla Henriksen, tells ShippingWatch. The industry has been forced into restructuring.

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Trafigura CEO: Continued oversupply on the oil market

2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.

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