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Norway

News on Norway.

Norwegian employee at DNV GL accused of Russian espionage

A 50-year-old Norwegian national is accused of having shared state secrets with Russia and has now been charged with espionage. He is employed by DNV GL, through which he is in contact with the defense industry, reports Dagens Næringsliv.

Kleven yard gets a new owner and changes name

A Norwegian yard company has, after negotiations with liquidator and banks, taken over Kleven Verft. The plan is to continue shipbuilding operations, and the yard's former CEO, who stepped down two weeks ago, is back.

Kvaerner sees signs of stronger second quarter

The second quarter looks set to be better than feared for Norwegian oil service company Kvaerner. Despite a big drop in the oil price during the spring, the company now expects a "significant improvement" in results.

Norwegian shipyard hit by cyber attack

Shipyard Vard was hit by a cyber attack at the end of May. Following the attack, employees have received a text message saying that temporary dismissals may be necessary, according to a Norwegian media.

OSM Maritime takes over operation of 37 ships from Jebsen

Ship management company OSM Maritime has settled a deal with Kristian Gerhard Jebsens Skibsrederi to take over operation of 37 ships. And several of the shipowner's employees will move to OSM in a newly established subsidiary in Bergen.

Norway considers historic oil cuts

For the first time in nearly 20 years, Norway could be about to lower its oil output. This occurs at a time when the country was otherwise expected to increase production.

Nordic shipping hit by closed borders and layoffs

Denmark, Germany and Norway have either shut down their borders or temporarily sealed off access to the countries in other ways in response to the corona outbreak. Large shipping companies are sending employees home.

Ammonia becomes part of Norway's hydrogen strategy

Norwegian Oil and Energy Minister Tina Bru says that ammonia will be set on equal footing as an energy source in the country's new strategy to develop hydrogen. This could be interesting to shipping, which is looking for new energy types.

DIV Group to acquire Norwegian yard Kleven

A Croatian industrial group has agreed with ferry operator Hurtigruten to acquire yard Kleven Verft. This happens shortly after the yard's CFO told Norwegian media that the company was about to get a new owner.

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