The cruise ship caught in a storm off the Norwegian coast experienced engine problems due to low oil levels, according to Norwegian authorities. Lars Alvestad, head of the country's maritime agency, said sensors had detected the shortage and shut off engines to prevent a breakdown.
A luxury Viking Sun cruise ship that was left floating due to engine failure and nearly crashed into the rocks in rough waters has safely arrived in the port of Molde on the west coast on Norway, with over 900 people on board. The Viking Sky was towed to safety by two tugs, with one sailing in front of the vessel and another behind it.
Helicopters have rescued more than 150 people from a cruise ship that suffered an engine failure in windy weather off the coast of Norway on Saturday, said police and rescue services.The Viking Sky, with 1,373 passengers and crew on board, had sent out a mayday signal as it drifted towards land, said the country's maritime rescue service.
Norway's US$ 1 trillion sovereign wealth fund is expected to sell some of its oil and gas holdings. The world's largest sovereign wealth fund owns US$ 37bn of shares in oil companies such as BP, Shell and France's Total.
Norway will pay Brazil US$ 70 million for reducing deforestation in the Amazon in 2017 but is concerned over a more recent surge in the destruction of the world's largest tropical rainforest, according to a Norwegian government statement.
A Norwegian resistance fighter who thwarted Nazi Germany's nuclear weaponry project died Monday at the age of 99.
Mauricio Macri, president of Argentina, Erna Solberg, Prime Minister of Norway and Hamdi Ulukaya, founder, chairman and CEO of Chobani and founder of the Tent Partnership for Refugees, will be honored by the Atlantic Council with the Global Citizen Awards, during a ceremony on the evening of September 24 in New York, NY. All three distinguished honorees have confirmed attendance and will speak at the event.
Norway's Equinor will invest up to US$ 15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said. Coinciding with an expected drop in output from many aging oilfields off the cost of Norway, Brazil is expected to become a core region for Equinor as the firm takes advantage of the country’s opening in recent years to more foreign investment.
Norwegian energy group Norsk Hydro, accused of causing environmental damage in northern Brazil, on Monday apologized for the unauthorized discharge of untreated water into a local river from its aluminum factory Alunorte, the largest in the world.
Fish farming is big business - the industry now produces about 100 million tons a year, and with salmon prices soaring, producers are turning to lasers, automation and artificial intelligence to boost production and cut costs. How do you know if farmed salmon have had enough to eat?