Norway's Offshore Fleet in for More Pain as 100 Vessels Stacked
- Worst is still to come for industry, shipowner group CEO says
- Number of stacked floating rigs seen doubling by next summer
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The number of Norwegian offshore vessels with nothing to do has gone from zero to 100 in just a year. And the woes are far from over, the industry’s top lobbyist said.
“The worst is still to come,” Sturla Henriksen, chief executive officer of the Norwegian Shipowners’ Association, said in an interview in Oslo on Friday. “2016 and 2017 will be very demanding years.”