Norwegian carriers suffer huge slide in revenue in 2016

The Norwegian carriers saw their revenue decline significantly more than expected last year, according to new numbers from the Norwegian Shipowners' Association. The shipowners expect a continued crisis in offshore in 2017 and a new major dip in revenues.
Photo: Siem Offshore
Photo: Siem Offshore

Norwegian carriers experienced a much bigger decline in revenue in 2016 than anticipated, and 2017 is not expected to be much better, according to a new report for 2017 published by the Norwegian Shipowners' Association.

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