Carriers

Oil fund's watchdog will contact shipowners on beaching

With shares in Maersk and Teekay, the world's biggest investor, Norwegian wealth fund, expects to pass judgement on carriers who scrap ships in India already by this fall. The chairman of the fund's Council on Ethics tells ShippingWatch that shipping companies will now be contacted.
Johan H. Andresen (i midten) er formand for Oljefondets etiske råd. Han er også formand for den familieejede koncern Ferd. | Photo: Jan Richard Kjelstrup/AS/Creative Commons/Attribution 2.0 Generic (CC BY 2.0)/Redigeret
Johan H. Andresen (i midten) er formand for Oljefondets etiske råd. Han er også formand for den familieejede koncern Ferd. | Photo: Jan Richard Kjelstrup/AS/Creative Commons/Attribution 2.0 Generic (CC BY 2.0)/Redigeret
by NIKLAS KRIGSLUND

Shipping companies that have scrapped ships in India can expect to receive a critical letter from the Norwegian sovereign wealth fund's watchdog in the near future.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs