Improvement for the shipbuilding industry

So far this year Norwegian shipyards have received new orders worth NOK 7 billion. This is twice the value of the total number of orders received in the whole of last year.

The shipbuilding industry is hopeful that this is a sign of a new period of prosperity fior the industry.

- It looks a bit brighter. We now hope for new orders worth another NOK 10 billion for the rest of the year, says Norsk Industri spokesman Egil Holland.

The development in Norwegian shipbuilding industry so far this year is somewhat better than for yards in the rest of Europe, NRK reports.