Solstad performs major layoffs and idles vessels
![CEO i Solstad Lars Peder Solstad](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article6607188.ece/ALTERNATES/schema-16_9/Lars%2520Peder%2520Solstad.jpg)
Norwegian offshore carrier Solstad, whose competitors include Farstad Shipping, Danish Maersk Supply Service and Arabian Topaz Energy, is hit by massive consequences from the extremely challenging offshore markets.
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