HANSA 05-2017

Nor-Shipping
Norway’s shipowners looking back and
Although the »fleet value position« could
fleet, Norway’s shipowners association is
The outlook is not really much better
A gallery of hope and
Shipowners saw increasing revenues from 2010 to 2015.
This trend was dramatically reversed with a drop of 16%,
to 234 bn NOK, weaker than expected, as they predicted
only 3%
»We must not loose sight of the many
opportunities that lie ahead«
Short sea and deep sea shipowners together reported revenue
of 117 bn NOK. These segments combined now have
higher revenue than the offshore segments, for the first
time since 2008
Norwegian­controlled foreign­going fleet composition as of 1 January 2017
»We identify significant political risks. In an
unstable world, we need unifying leaders who
demonstrate integrity, calmness and wisdom,
who pursue common solutions and cooperation«
Trends and challenges impacting shipping: While the U.S.
turn more of their attention to domestic affairs, and Europe
devotes considerable energy to the Brexit-negotiations, China
appears increasingly more likely to assume a lead role.
»Offshore contractors expect a further decline of
43%. If this proves correct, they will see income
reduced by more than half in just two years«
50% of shipowning companies view access to capital as
tight or very tight in today’s market. Unchanged from 2016
Development in additions and removals – Norwegian­controlled
foreign­going fleet 2007–2017
The Norwegian-controlled fleet is valued at 51 bn $, a decline
of 21%. The offshore segment has seen the greatest
decline with a drop of 29%
Total turnover for Norwegian shipowning companies in the period 2004–
2017 (including 2016 estimates and 201 prognosis)
Development in number of ships and mobile offshore units
in layup from 2015 to 2017
38 HANSA International Maritime Journal – 154. Jahrgang – 2017 – Nr. 5