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Maersk family injects millions in new investment fund

The Maersk family and its four partners in the investment company Navigare Capital Partners, which will manage pension funds worth over USD 300 million, have injected upwards of DKK 100 million (USD 14 million) in a new fund, which will likely be the first of several funds aimed at investing in shipping.

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Clipper sailing at rates that incite fresh optimism

"For the first time in a long time, rates are at a level, which might tempt some to order new vessels, but it will not be us," CEO of Clipper Group, Peter Norborg, tells ShippingWatch. One commodity in particular is critical for the company's progress.

Norwegian shipping investor debuts in dry bulk

Founder of rig company Borr Drilling, Tor Olav Trøim, is now targeting dry bulk with the company 2020 Bulkers. The plan is to list the company on the minor OTC stock exchange, reports local media Finansavisen.

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