The crisis in the Norwegian offshore sector looks set to continue, and the development weighs down industry players, with the Norwegian shipowners in particular projecting dark days ahead.

Norwegian shipowners project thousands of layoffs in 2016

Now the offshore sector's cuts mean that even the coffee is scrutinized

Maersk Oil announces further layoffs

Statoil extends substantial drilling contracts

The worst dry bulk crisis of all time could last even longer than most carriers and observers want to hear.

Alphabulk: IPO is a questionable solution for bulk carriers

175 new dry bulk vessels delivered this year 

Bulk carrier enters 20-year deal with mining major 

J. Lauritzen has sold it stake in Hafnia Tankers

Two container carriers in particular, Korea's Hyundai Merchant Marine and Hanjin Shipping, are these weeks trying to settle deals with their creditors. Deals that could have a ripple effect through the industry among shipowners with capital tied up in the struggling carriers.

Danaos left vulnerable after South Korean meltdown 

HMM: Here is the rescue plan progress report

Xeneta: Big shippers paying for mega box ships 

State aid offset China Cosco's setback in 2015 

Zim delivers a small 2015 profit after recent deficits 

Hapag-Lloyd pushes back plans for mega-vessels

SeaIntel: New mega-alliance to challenge 2M 

Alphaliner: Carriers stick with slow steaming

Among this week's annual reports, Royal Arctic Line surprised with significant improvement in 2015, while coating manufacturer Hempel delivered a record result for the third consecutive year.

Royal Arctic Line's profit shot up in 2015

Hempel delivers record result for the third straight year