ShippingWatch

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

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.

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