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OMT boosts its revenue 67 percent

Odense Maritime Technology, which specializes in ship design, achieved a revenue of USD 38.2 million in the fiscal year 2014/2015. Uncertain how the sliding oil price will impact shipowners' demand for retrofit in coming years, the company's CEO tells ShippingWatch.

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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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