Torm's big metamorphosis

Torm was rescued, which was a great relief for Chairman Flemming Ipsen, who told ShippingWatch all about the process:

Torm completes restructuring

Torm Chairman presents the rise of a Phoenix

Stena's strategy

ShippingWatch paid a visit to Marstrand, outside of Gothenburg Sweden to talk to the executives at the major Swedish carrier group Stena AB:

Stena Director cannot rule out more potential IPOs

Stena's growth driver in tough offshore market

Engine giants

MAN Diesel & Turbo's competitors released financial reports this week while the Danish-German company talked about the market for ultra-large container ships:

MAN: We have our share of the market for ultra-ships

Ballast water boosts Alfa Laval's marine division

Huge layoffs at Wärtsilä due to weak shipping market

Photo: MAN Diesel & Turbo

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Sverdrup discussion flares back up

Who has the right to how much of the big Norwegian oil field Johan Sverdrup? One partner is still not satisfied:

Sverdrup partner appeals distribution of the Norwegian giant field 

Sverdrup partner was warned about decreased share

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Lauritzen Head of Asia: Dry bulk is burning through cash