By Minister of Trade and Industry, Mr. Trond Giske 2009 has been a challenging year for the maritime sector. Freight rates have fallen in most market segments – dramatically in some. We have seen numerous new building contracts being cancelled and very few new contracts have been signed. While the situation in many other business [...]
The good news is that the activity at Norwegian shipyards continued at a very high level throughout 2009 despite the extra strain that the financial crisis caused, and the impact from the downward market trends, including for the offshore market. As a consequence some delays arose, which however caused very few cancellations. So compared to [...]
Will offshore wind farms offer a new market? The bleak prospects for the future of Norwegian shipbuilding industry, with almost empty order books after 2012, have raised the question of how the industry can pursue new opportunities and identify possible new markets. Or would it be more relevant to strengthen the belief in the reviving [...]
