The Greek situation
Developments in Greece, and not least the uncertainties surrounding Sunday's referendum on the EU proposal, are rubbing off on the country's shipping industry:
Morgan Stanley: Greek shipping unaffected by crisis
Greek chaos causes many shipowners to consider relocation
The IMO elected a new Secretary General
On Tuesday this week, the IMO Council held a vote to find its new Secretary General. It became a close race between Denmark's Andreas Nordseth and South Korea's Ki-tack Lim:
Nordseth: Of course I'm disappointed
Tomorrow the IMO will elect a new Secretary General
CEO shuffle
Both Clipper Group and Team Tankers made changes at the chief executive level:
Chairman takes over as CEO of Clipper Group
New Clipper CEO: I am not a transitional leader
Team Tankers owners break with Jens Grønning

Photo: Clipper
The bunker industry faces a new reality
The global market for bunker suppliers has changed significantly following the OW Bunker collapse:
Bunker Holding: Trust has disappeared after OW collapse
USTC group delivers record annual report
And offshore also faces a new reality:
Nordea: Hundreds of oil rigs will be retired
Norwegian shipowners: Offshore will get worse in 2016
Further reading:
Fredriksen makes his move and establishes global tanker giant

Photo: Richard Drew/AP/POLFOTO/arkiv