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Skuld expands with purchase of Norwegian insurance peer

The Norwegian marine insurer acquires similarly Norwegian insurance peer SMA/Gerling Norway in a transaction that will add 6,000 vessels to Skuld's member portfolio. The take is part of a diversification strategy, says CEO.

Skuld CEO Ståle Hansen

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

Nordic Shipholding lowers guidance again

Nordic Shipholding has decided to downgrade its expectations for 2017 once again. The company now expects a slightly bigger deficit than before, says the carrier in its interim report.

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