Offshore carriers in deep dive on the stock exchange

Nine listed Norwegian offshore carriers currently represent a combined market value of USD 653 million, which is 76 percent less than in the summer of 2014, reports Norwegian media Sysla.no. The low oil price has given the industry a thorough thrashing.

by MORTEN LUND TIIRIKAINEN

A solid USD 2.5 million a day. This is how much nine Norwegian offshore carriers listed on the Oslo Stock Exchange have seen their market value decline in the past two years.

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