Norwegian mega-fund presents new requirements for shipping and offshore
![](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article4829989.ece/ALTERNATES/schema-16_9/Maersk_Drilling%2520_Nords%25C3%25B8en1.jpg)
Norges Bank, which manages the world's largest sovereign wealth fund, the Government Pension Fund Global, has once again tightened its demands for shipping and offshore. Just a few months ago, the fund's Council on Ethics, which advices the bank on investments, advised the bank not to invest in certain carriers due to them using the widely criticized beaching method when scrapping vessels.
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