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Hanjin leaves huge loss behind after bankruptcy

The administrator of Hanjin Shipping's bankrupt estate has only raised USD 220 million for creditors which have claims totaling USD 10.5 billion, reports Wall Street Journal.

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When Rindbo handed responsibility back to the employees

CEO Jan Rindbo is on track to deliver the first positive full-year result for Norden since 2011. In an interview with ShippingWatch, he explains what it has meant to hand responsibility back to the employees – and the other executives.

Statoil awards oil contracts worth billions

Oil company Statoil has awarded three contracts to three different suppliers valued at a total of NOK 8 billion. One of the agreements goes to Aker Solutions, which recently landed a large contract with Maersk Drilling.

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