Norwegian Shipowners Association: Industry recovering from oil prices, trade war

ABS-CBN News

Posted at Oct 29 2019 04:50 PM

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The Norwegian Shipowners Association says the trade war and slowing global economy are capping growth in the industry. NSA CEO Harald Solberg, however, believes the sector has bottomed out in 2018 and is on its way to recovery. Technology could also shake up hiring requirements for seafarers.