A new report from British non-profit InfluenceMap determines that the shipping industry has too much influence on decision-making in the IMO. This criticism arrived simultaneously with the week where CO2 was on the IMO agenda.

Powerful shipping lobby accused of undermining CO2 reductions 

Shipping industry: We actively work for the environment 

InfluenceMap presents its most powerful evidence against IMO 

New owners in the North Sea

The acquisition of Hess Norway has hardly sated the appetite for acquisitions at Aker BP, which is looking at new growth opportunities on the Norwegian shelf. The company is open to boosting its share in the giant Johan Sverdrup oil field, says CEO Karl Johnny Hersvik to ShippingWatch.

Aker BP buys Hess Norway for USD 2 billion 

Acquisition-hungry Aker BP open to larger stake in Sverdrup 

New owners in the North Sea will put pressure on costs 

Monjasa lawyers summon new witnesses

The defense team has called on a series of new and what seem to be key witnesses in the fraud case against bunker company Monjasa. Last year the Danish company was ruled guilty of gross fraud on charges of having, for years, over-billed a Malaysian customer. Monjasa was fined DKK 10 million (USD 1.58 million), while founder Jan Jacobsen was sentenced to 3.5 years in prison for his role in the fraud.

Defense calls on new witnesses in Monjasa case 

Prosecutor wants tougher verdict for Monjasa 

The extensive Monjasa fraud case to begin Monday 

Make sure to keep up with other shipping news, including the interim report from DSV, which raised guidance once again, and about the development at Statoil, as well as interim reports from major shipping banks, the impending sale of HSH Nordbank, and much more.

DSV raises full-year forecast yet again 

DSV replaces 3000 employees and is looking to hire more 

Multiple equity funds in play to buy ailing shipping bank 

DNB eyes better prospects for shipping and offshore

English Edit: Gretchen Deverell Pedersen