Norway's Remøy on offshore crisis: "The market has bottomed out"

Stig Remøy, who controls carrier Olympic Subsea, believes the offshore market has left the worst behind. 10 of the carrier's 11 subsea vessels are now employed following a challenging restructuring six months ago.
Photo: PR-foto/Olympic Shipping
Photo: PR-foto/Olympic Shipping

The Norwegian owner of carrier Olympic Subsea is confident that the worst is over in the dire market for offshore vessels.

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