PR photo: Dynamic Oil Trading/PR
Indictment against Lars Møller was made public
Lars Møller, the former and now indicted CEO of OW Bunker's Singapore subsidiary, stood to benefit from inflating trade in Dynamic Oil Trading (DOT), claims the Danish Attorney General's office in the indictment, which mas was public after Møller two weeks ago was charged in the collapse of OW Bunker in November 2014.
PR photo: Pacific Basin
Several interim reports indicate improving markets
The week also saw the publication of several interim reports, and the results from dry bulk carriers in particular seem to indicate a better market, which was otherwise hovering at record-lows last year. Oil companies also delivered major improvements.
PR photo: Seadrill
... but there is still a long way to in some sectors
Despite stronger demand, Norwegian analyst firm Rystad Energy projects a need for a significant reduction i the number of jack-up rigs before the market can recover from a multiple-year slump.
Christoffer Berg Lassen, CEO, Dan-Bunkering. PR photo: Dan-Bunkering
And Dan-Bunkering has welcomed an ambitious new CEO
PR photo: SAL Heavy Lift