16 months have passed since the last fatal accident in Norway, and as such, 2018 was a year without fatalities in the country's oil industry, shows the latest risk level numbers from Norway's Petroleum Safety Authority.
With shares in Maersk and Teekay, the world's biggest investor, Norwegian wealth fund, expects to pass judgement on carriers who scrap ships in India already by this fall. The chairman of the fund's Council on Ethics tells ShippingWatch that shipping companies will now be contacted.
Norway's government has decided to remove oil companies from the country's sovereign wealth fund, the world's largest investment fund. This is being done to reduce an overall oil price exposure to the national economy, says finance minister Siv Jensen.
Oil major Equinor's employee union Safe calls for the Petroleum Safety Authority Norway's Director General, Anne Myhrvold, to step down when her term ends this spring, reports Dagens Næringsliv. The call comes after Norway's public auditor has criticized the authority.
Several shipping companies are considering moving functions and departments out of Norway as a result of the new Norwegian tax rules, the Norwegian Shipowners' Association tells ShippingWatch. DHT has already made the move.
The Norwegian government is getting ready to let Color Line out-flag its international service ferries, which would enable the ferry operator to hire cheaper labor. The move is met with criticism from DFDS, which will look at similar possibilities.
The new Norwegian oil minister Kjell-Børge Freiberg tells Sysla in an interview that he does not see any opposition between fossil fuels and climate change mitigation. He wants Norway to play a central role.
A Norwegian-based yard will construct the world's first autonomous and zero-emission container vessel, which is expected to be completed in 2020. The vessel is the result of a collaboration between supplier Kongsberg and fertilizer company Yara.
More than 600 Norwegian rig workers from nine offshore installations have halted their work, as union Safe and the country's shipowners' association were unable to reach a wage agreement. An additional 900 workers could join the strike, starting midnight Sunday, unless the parties reach an accord.