ShippingWatch

This week's top stories on ShippingWatch

The collapse in OW Bunker was the week's single biggest event and it was followed closely by ShippingWatch. In other news, Nordic Offshore Marine went bankrupt and Statoil announced its big expectations for the Sverdrup field.

The collapse of OW Bunker

ShippingWatch reported the story of possible fraud in OW Bunker Wednesday, and late at night going into Thursday the company sent out two stock market wires: one announcing systematic fraud of a total of USD 125 million and one detailing the loss of the company's entire equity capital.

That marked the beginning of a major drama and the big question cropping up during Friday was whether or not the Singapore executives were the only ones with knowledge of the matter.

OW Bunker share placed on matching halt

OW Bunker threatened by Singapore losses

OW Bunker in fraud case of USD 125 mln

Insolvent OW Bunker has lost entire equity

Suddenly, there was a knock at the door at OW…

"OW Bunker was a meltdown of nuclear dimensions"

Nordic Offshore Marine goes bankrupt

The consultancy firm crashed, presenting bad news for shipowners.

Nordic Offshore Marine files for bankruptcy

Statoil and Sverdrup

Statoil presented good news from the Johan Sverdrup field among other things.

Statoil expects giant profit from Johan Sverdrup

Statoil suspends two rigs

Statoil wins 12 new North Sea licenses

J. Lauritzen leaves Skt. Annæ

J. Lauritzen is waving goodbye to its historical headquarters at the center of Copenhagen.

J. Lauritzen moves out of central Copenhagen

Lauritzen: We are not moving to save 

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