Solstad: No North Sea improvements in 2016

No sign of improvements for the hard-pressed supply carriers in the North Sea on the short term, projects Norwegian Solstad, which lost USD 25 million in the third quarter.

BY OLE ANDERSEN

Norway's Solstad group suffered a deficit of USD 25 million in the third quarter 2015 against a profit in the same period last year of USD 29.8 million.

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Solstad: No North Sea improvements in 2016

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Solstad performs major layoffs and idles vessels

Offshore carriers could face huge deroute in Brazil

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Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs