Press release from The Norwegian Shipowners’ Association: Challenging waters
Falling oil prices, heightened geopolitical tensions, and sluggish, uncertain growth in the global economy are directly impacting the maritime industry. Norwegian shipowners are less optimistic than last year regarding both turnover and profitability, as the Norwegian Shipowners’ Association Outlook report for 2015 shows. “We have seen a marked negative shift in just a short time. 2015 will be a challenging year for Norwegian maritime companies, but we must be prepared for 2016 to be even more challenging,” states Sturla Henriksen, CEO of the Norwegian Shipowners’ Association. Shipowners