DNB pledges long-term commitment to oil customers after Nordea's "full exit"
In contrast to Nordea, which has announced a ”full exit,” DNB has no plans to exit the oil and gas sector. The bank’s main position is to drive change in carbon-heavy industries from within. The bank is long-term committed to the offshore sector, says Head of Ocean Services Dag Klaveness to ShippingWatch.
DNB will not follow Nordea and make a ”full exit” from the oil and gas sector. The Norwegian bank is a firm believer in driving change from within when it comes to sustainability and the green transformation.
A combination of new Turkish regulation and Western sanctions on Russian crude has led to congestion of oil tankers in Türkiye’s waters. Diplomats are working to prevent unnecessary control of tankers to and from the Black Sea.
Belgian shipping family Saverys acquires additional shares in Euronav and now only needs a small increase of its equity position to block a full merger between the tanker operator and rivaling company Frontline.