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Wedell-Wedellsborg and Sohmen-Pao invest in new dry bulk platform

With the backing of two new investors, BW Dry Cargo ceases to exist as a dry bulk operator and re-emerges as a platform that aims to connect customers and shipowners. Each ship must pass a "green test".

"A good investment is about matching the right idea with the right people, and that's exactly what we've done with Copenhagen Commercial Platform," says Johan Wedell-Wedellsborg about the investment. | Photo: Flindt Mogens/Ritzau Scanpix

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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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