Semco's biggest market is in the doldrums
Around 85 percent of Semco Maritime's business is tied to the North Sea meaning that the company notices that the big market is under pressure, CEO Steen Brødbæk tells ShippingWatch.
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BY LOUISE VOGDRUP-SCHMIDT
Right now the North Sea oil market is not what it has been. Oil companies are slowing down their investments, several of them have failed to achieve convincing results, and this can be felt by suppliers right away. This includes Semco Maritime, which has between 80 and 85 percent of its business tied to the North Sea.
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