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Worried Odfjell Drilling more than triples its result for the year

Odfjell Drilling beat tough market conditions in offshore to deliver significant growth in earnings in 2020, but the company fears that future financing opportunities are impacted by sliding values and overcapacity.

Photo: Odfjell Drilling

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World bank calls LNG a dead end as fuel for shipping

LNG is a risk-fraught waste of time as a fuel for shipping, and it will only delay the transition to sustainable fuels, warned the the UK's High-Level Climate Action Champion at the presentation of an LNG report from the World Bank.

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