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Bergen: A Unique Maritime Environment
The weather might be depressing, but the outlook for the city is anything but. Bergen’s shipping industry and maritime related services sectors are going from strength to strength, bullishly rebutting the worst of the waves caused by the ongoing global financial crisis. The secret, locals argue, is a long-term industry view, the strength and diversity of the maritime cluster and the fact that Bergen blood is very much thicker than water. Maritime Reporter goes native to investigate.
Money Talks
The American Shipbuilding Association has long bemoaned the level of U.S. Navy funding, arguing that the amount of spending on new ships would, in the future, leave…
High Oil Price vs. Old Doctrines
The recent frenzy in the oil market is unprecedented in modern history says Norway’s broking house Lorentzen & Stemoco. When prices have risen above US$45/b (Brent) in the past…