Norway's new oil minister: Oil and climate goals can go hand in hand
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Equinor's CEO eyes risk of fluctuations in the oil price
A shortage of new oil investments in the crisis years since 2014 could lead to a new oil peak and risky price fluctuations, warns Equinor CEO Eldar Sætre to Norwegian daily Dagens Næringsliv.
The big container carriers deliver the best results
Polarization in the container industry becomes even clearer when looking at the companies' abilities to make money. The major liner companies, which have only grown bigger in recent years, are better at delivering profits, according to a new analysis.
Star Bulk opts for scrubbers for its full fleet
Yet another shipping company has opted for scrubbers to comply with the upcoming sulfur regulations. Greece's Star Bulk will be installing scrubbers on its entire fleet of more than 100 ships
Bimco: Shipowners must take their own precautions for bad bunker
There is no doubt that it is the bunker suppliers' responsibility when shipowners end up with bad bunker in their tanks, says Bimco. But the shipowners n eed to take more precautions, notes the association.
CMA CGM reports big slide in earnings
Higher bunker prices also put a damper on earnings for CMA CGM, the world's third-largest shipping line. But CEO Rodolphe Saadé remains confident that 2018 will end on a strong note.
Source: Google News Norway | Netizen 24 Norway