Carriers

Departing head of Norwegian shipowners: Offshore refinancing will continue

There is hope for the offshore industry, but carriers are still under severe pressure after years of weak earnings, says departing CEO of the Norwegian Shipowners' Association, Sturla Henriksen, to ShippingWatch. He expects a new round of refinancing.
Photo: Norges Rederiforbund
Photo: Norges Rederiforbund
by SØREN PICO

The last few years have been dramatic for the Norwegian offshore industry due to the sudden oil price plunge in 2014, as the industry has undergone major staff reductions, budget cuts and restructurings.

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