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SeaIntel: Disturbingly low cyber security in the container industry

Almost half of the world's top 50 container carriers are unprepared for potential hacker attacks, determines an analysis from SeaIntel. The industry has a disturbingly low level of cyber security, SeaIntel writes, after Maersk Group was victim of a major cyber attack last week.

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Torm to issue new shares with support from equity fund

Danish tanker carrier Torm will issue 12.5 million new Class A common shares in a product placement guaranteed by major shareholder Oaktree Capital. The company has also revealed its expectations for last year's annual report.

EU approves state aid for Croatian shipyard

EU Competitions Commissioner Margrethe Vestager has approved the state guarantee which the Croatian government will provide for a EUR 96 million loan to a yard on the verge of bankruptcy. She says the state aid complies with EU regulations.

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