Norwegian offshore carrier Farstad Shipping has informed employees that a new initiative has been launched aimed at reducing administrative costs at the carrier's Aalesund headquarters, according to a corporate statement.
"The current market situation is challenging. In order to strengthen the company's competitiveness, we are working continuously to keep costs at the right level," says Farstad CEO Karl-Johan Bakken in the statement.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
X-Press Feeders buys assistance from Zeronorth regarding fleet optimization
X-Press Feeders aims to ensure lower operating costs and carbon emissions from the carrier’s fleet with assistance from Zeronorth’s digital platform.
Gard warns customers about monkeypox after declaration as public health emergency
Marine insurer Gard encourages its customers to keep an eye on the development of the monkeypox outbreak after cases have been reported in all six WHO regions.
Oil declines slightly after Wednesday's increase
The price on oil decreases Thursday morning following an increase on Wednesday, which came after a larger-than-expected decline in US inflation during July.
DHT Holdings lands profit after divestment of ships
Crude oil carrier DHT Holdings turns deficit into profit in Q2 through a ships sale, whereas the company’s business is still affected by low freight rates on large tanker vessels.
Hapag-Lloyd more than tripled its profit in H1
German container line Hapag-Lloyd tripled its net profit in the first half-year, with the operating result landing at EUR 10bn, according to the H1 interim report.
Assistant Fleet Superintendent 
Bunker Trader - Copenhagen 
Legal secretary for Shipping / Offshore / Transportation 
A lawyer (chief consultant) is wanted for People & Culture 
Operations Manager for B-Gas A/S in Copenhagen 
Operations Controller – Weco Tankers 
Experienced Bunker Trader - Tønsberg/Oslo 
Senior Associate – Group Strategy Office 
Logistics coordinator with responsibility for our shipping activities 
Adm. Director of Svendborg District Heating 
Head of Airfreight