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Aker Solutions fires 140 employees

Norway's Aker Solutions will lay off workers in the production division for the first time in the oil crisis. Altogether 140 people will leave their posts over the first half of 2018, writes Dagens Næringsliv.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

Nordic Shipholding lowers guidance again

Nordic Shipholding has decided to downgrade its expectations for 2017 once again. The company now expects a slightly bigger deficit than before, says the carrier in its interim report.

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