Many offshore vessels without employment in the North Sea

Norwegian Farstad Shipping is laying up two more vessels and laying off employees. "We are currently experiencing a very demanding offshore market," says CEO Karl-Johan Bakken of Farstad Shipping.
Photo: Farstad Shipping
Photo: Farstad Shipping

The development in the North Sea and other oil markets continues to strain the supply and service carriers that are forced to pull vessels out of operation.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading