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Songa Bulk raises millions to buy vessels

Songa Bulk, controlled by Arne Blystad and Herman Billung, has issued a bond loan for USD 75 million. The capital will be used to further grow the firm's fleet of dry bulk vessels.

Herman Billung, CEO, Songa Bulk.

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Trafigura CEO: Continued oversupply on the oil market

2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.

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