This week's top stories on ShippingWatch

Torm finalized its rescue plan and Chairman, Flemming Ipsen, reflected on the process. Johan Sverdrup, Iran and the major Swedish carrier group Stena AB's thoughts on potential IPOs are among the top picks this week.

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

Make sure to read:

Nordic Tankers currently experiencing record months 

How the Iranian nuclear accord opens doors for shipping

Lauritzen Head of Asia: Dry bulk is burning through cash 

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