BP in USD 175 million settlement with shareholders

The financial consequences of the historical oil spill after the explosion on Deepwater Horizon continue. The oil company BP has now agreed to a settlement for approximately USD 175 million with a group of shareholders.

BY NIKLAS KRIGSLUND

The catastrophic oil spill in the Gulf of Mexico five years ago continues to bring expenses for BP.

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BP in USD 175 million settlement with shareholders

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Deepwater Horizon rig manager acquitted

BP agrees to historic settlement for oil spill

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

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