The offshore service ships have, since 2002, performed very well in the Norwegian shipping sphere. But the growth will not continue this year, says Norges Rederiforbund (Norwegian Shipowners' Association) in a new report that was presented to the Norwegian government on Wednesday, according to the Norwegian newspaper Dagens Næringsliv.
The report shows that the offshore service carriers are expecting a 4.2 percent drop in revenue this year - the first decline in 13 years. Meanwhile three out of four carriers expect that their operating results will decrease this year, and the carriers are generally more negative when looking ahead and considering the situation on the foreign exchange markets.
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