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BHP Billiton back in the black after mining disaster

Mining company BHP Billiton is back with a profit in the fiscal year 2016/17, after the company suffered an exceptional deficit the year prior due to a mining catastrophe.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

Nordic Shipholding lowers guidance again

Nordic Shipholding has decided to downgrade its expectations for 2017 once again. The company now expects a slightly bigger deficit than before, says the carrier in its interim report.

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