Deep Sea Supply replaces oil business with fishery

Struggling offshore carrier Deep Sea Supply enters a new joint venture with salmon harvest giant Marine Harvest concerning the establishment of a carrier for the transportation of fish from aquaculture. The new company will now invest in newbuildings.

BY NIKLAS KRIGSLUND

Deep Sea Supply has been hit by the low oil price which has damaged earnings and forced the sector into drastic austerity measures. For this reason, the Norwegian offshore carrier is now turning to a different and more lucrative industry in its home country.

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Deep Sea Supply replaces oil business with fishery

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Deep Sea Supply continues to idle vessels

Impairment digs Deep Sea Supply into deeper deficit

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

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Kuehne+Nagel triggers unrest among staff with new management structure

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

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

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UK Chamber of Shipping calls for more trade-friendly policies

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