Equity funds enter the North Sea
While the oil crisis has prompted several trend-setting oil companies such as Shell and ExxonMobil to scale down their North Sea activities, major international equity funds are increasingly setting their sights on the region, and they have in recent years invested billions of dollars in projects and acquisitions of medium-sized companies operating in the North Sea.
Maersk lobbyists hard at work in the US
Following strong criticism in 2014, Maersk Line had its lobbyists stop work against reforms of US food aid in efforts to safeguard its own bottom line. But a review shows that Maersk is still spending money on lobbyism aimed at food aid.
Maersk figures head new investment fund
APM Holding joins forces with Danish pension funds PKA, Pension Danmark, and Lægernes Pension to establish a fund for investing in Africa totaling USD 550 million under the name Afrika Infrastruktur Fond. Well-known Maersk executives will head the project.
Bulk carriers improving across the board
Several major dry bulk carriers documented this week that the growth in the suffering sector is real, when they released quarterly and half yearly reports with positive figures.
English Edit: Gretchen Deverell Pedersen