Kristian Siem: Consolidation in offshore comes too late

Norwegian shipping magnate Kristiam Siem tells Norwegian media that the consolidation wave in offshore is happening far too late. "The industry did not consolidate when it could have done so freely," he says.
Photo: PR
Photo: PR

The situation in Norwegian offshore is worse that it actually should have been, says Norwegian shipping investor Kristian Siem in an interview with media Sysla, in which he notes the consolidation among offshore carriers is happening far too late.

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