Norwegian shipowners fear their revenues will plunge 35% on average this year due to a pandemic crisis that is set to be worse than the 2008 financial crash and the 2015 offshore slump combined.
The Norwegian Shipowners Association (NSA) said figures from its members indicate that the coronavirus outbreak will hit all segments hard.
NSA's members employ over 55,000 seafarers and offshore workers from more than 50 different nations.
