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Eimskip denied acquisition of Nor Lines

The Norwegian Competition Authority is blocking Icelandic Eimskip's attempt to acquire Norwegian Nor Lines. "It is my opinion that they made a mistake with this narrow-minded decision," says Gylfi Sigfússon, CEO of Eimskip, in a brief to the stock exchange.

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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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