Engine manufacturer Wärtsilä has now also been hit by a case concerning manipulation of engine test results. Two percent of the engines could be affected by the fraud perpetrated by the company's employees in Trieste, Italy.

Wärtsilä hit by engine-fraud scandal

Wärtsilä: Engine manipulation took place for years

Engine manufacturers to discuss testing scandals

"This is bad and self-destructive for the industry"

The world's third-largest container carrier, CMA CGM,  published its results for 2015 in a week when analysts also questioned the scope of savings the carriers will in fact be able to achieve with the ultra-large vessels.

CMA CGM delivers profit of USD 567 million

Drewry: The age of mega-ships is running out 

Desperate container carriers knock down prices from Far East

Product tanker carrier Torm is targeting a New York IPO in 2016, while the carrier is also planning to establish a new holding company in London.

Torm lands USD 127 million full-year profit

Jacob Meldgaard: Still aiming for an IPO this year 

Torm to establish holding company in London

The legal aftermath following the Bulk Invest collapse has begun for real.

Japanese shipowners in fierce battle against Bulk Invest

Trustee to scrutinize controversial Bulk Invest divestment

And offshore carriers were told that they are not impairing fleet asset values sufficiently.

Analysts: Offshore carriers do not impair enough

Havila reduces share capital by 96 percent