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  Articles

  • Norway steps up assistance for offshore technology
    The Norwegian government’s DEMO 2000 technology program will provide funding of NOK 125 million ($14.72 million) for new technology for use offshore Norway, according to the Norwegian Petroleum Directorate (NPD). Deadline for applications is Oct.12. This is the largest sum allocated in the history of the program, NPD adds, as the government seeks to safeguard expertise and employment in the petroleum industry. 

  • Global container throughput growth slumps
    Global container throughput is expected to grow by only 0.3% this year, as the weak volume growth recorded in the first half of 2016 dragged full year volume projections down. This year is expected to yield the second lowest annual growth rate since 2009, when a record year-on-year decline saw global container volumes shrink by -8.3% in the aftermaths of the Lehman Bros failure.
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