Norwegian shipowners: The worst is still to come

Sturla Henriksen, CEO of the Norwegian Shipowners' Association, fears that bondholders may cause big problems, and that even more employees in the sector will lose their jobs, reports Dagens Næringsliv.

BY JOHANNES HARTKOPF-MIKKELSEN

At the members of the Norwegian Shipowners' Association. 7,000 employees lost their jobs last year, and the association expected that a similar fate would await 4,500 employees in 2016. But these projections do not look set to pan out.

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