Cosco deal to make ex-Hong Kong chief and family USD 1 billion richer

Tung Chee-hwa will see his personal net worth increase by around USD 400 million according to the Bloomberg Billionaires Index, based on the USD 6.3 billion Cosco offered for his family's Orient Overseas International Ltd.

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Danish Shipping: The challenge of sulfur cheating is real

The risk of carriers cheating with sulfur requirements to benefit financially is a real threat to law-abiding shipowners from 2020, says Maria Skipper Schwenn, Executive Director of Danish Shipping. She rejects the criticism that that the industry is exerting too much energy chasing ghosts.

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