This week's top stories on ShippingWatch

The process surrounding the Johan Sverdrup field and the distribution of values among the five partners. The dry bulk carriers' first results for 2014. Another bankrupt Copenship company. And even though the oil price rose, the offshore sector continues to fight intensely for new orders.

Photo: Statoil

Rarely do five business partners have such difficulties settling on a final agreement as has been the case in relation to the major Norwegian oil field Johan Sverdrup. And even though the partners managed to meet the deadline on Friday, February 13th, not all the involved parties agreed to sign the development plan for the giant field.

The Sverdrup plan - almost - settled

Maersk Oil CEO: "Details came out in our favor"

Sverdrup partners fail to reach permanent agreement

Investment plan for Sverdrup field could miss deadline

Johan Sverdrup can withstand extremely low oil price

Oil price up a little, but...

DNB: The great offshore test to come in 2015

Seadrill cuts billion dollar order from Petrobras

Shell CEO: Oil prices will remain low all year

The struggling dry bulk industry

Western Bulk: Even strong companies can fail 

Western Bulk suffered USD 57 million deficit in 2014

Billung: Consolidation needed in tough market 

Fredriksen's bulk carriers complete merger deal

Golden Ocean in Capesize venture with four bulk carriers

Dry bulk index at all time low

OW collapse hits Singapore again

OW Bunker's key partner banned in Singapore

KPMG and PWC to recover OW receivables in Singapore

Hafnia Tankers approaching target

Hafnia Tankers expands with four large product tankers

Copenship Management went bankrupt

Another Copenship company files for bankruptcy 

More from ShippingWatch

Shipping in a safe position despite shaky world economy

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Further reading

Related articles

Latest news

See all jobs