Kvaerner CEO believes in a growing market again

The worst is over for Kvaerner despite the offshore industry's struggles. Upgrading and decommissioning of existing offshore facilities as well as focus on total enterprise have been put forward as the solution, says Kvaerner CEO, Jan Arne Haugan to ShippingWatch.

Wednesday, the Norwegian shipyard group Kvaerner published its quarterly report for the third quarter of 2016. The report shows that despite a USD 109 million (890 NOK) decline in revenue relative to the same period 2015, the company is believed to have reversed the negative trend sparked by the offshore crisis.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading