Norwegian aluminium giant Norsk Hydro has dropped its rescue offer for troubled mainland firm Asia Aluminum Holdings after just five days.
Yara International, a Norwegian supplier of mineral fertilizers, has offloaded half of its stake in China BlueChemical for HK$326 million in a placement yesterday, market sources said.
A strike will shut down Norway's Mongstad terminal and refinery unless a new central wage contract is sealed between union and management officials, a spokesman for state-owned Statoil said.
JAPAN'S Ministry of Transport issued newbuilding permits for 30 vessels totalling 620,000 gross tonnes (gt) last month.
The number of permits, involving domestic and export ships,...
FEW people are aware of Norway's principal export to Hongkong - nickel. Many know about Norway's second-biggest export - salmon - according to Mr Lars Almklov, the Norwegian vice-consul.