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Transcript of Macro Environment
"How does economic factors in the macro environment of the offshore industry affect/ impact the supply shipping industry?"
- In the supply shipping industry
in the United States, petroluem provides the most energy, more han coal, natural gas, or solar energy
"How does economic factors in the macro environment of the offshore industry affect the supply shipping industry?"
variation between countries
Annual Inflation Rate for 2013: US:1,6%
high inflation in Norway - sell fewer goods abroad
Gross Domestic Product
Interest rates low
low purchasing power
increasing demand of oil
increasing demand - offshore market
continued growth in sub sea
increased customer cost focus
industry growing fast
new countries entering market
Development of Dollar
- Funding is increased by 35m kroner
- Increase production in Norwegian areas
- Study of cold climate applications
High oil demand
High exploration and production investment
Increase in offshore(and onshore) activity
Higher demand after Offshore support vessel - DOF ASA
Review Problem Statement: