Former CFO Morten Skou and Lars Møller, director of OW Bunker subsidiary Dynamic Oil Trading, were sentenced to pay the compensation to the firm's bankruptcy estate by a Danish court on Friday.
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Inspired by a whale's tail, ABB's electric ship propulsion concept is suitable for ships, including ferries and ro-ro ships.
TFG Marine will lead efforts to supply ammonia for ships under a new agreement with CF Industries and Trafigura.