Johan Röstin Resigns as CEO of ForSea
ForSea (formerly HH Ferries Group), the operator linking Denmark and Sweden via Helsingør and Helsingborg, announced that Chief Executive Officer (CEO) Johan Röstinwill be stepping down from his position.“It has been a privilege to lead ForSea for almost three years. The company has come a long way during a short time, and I am proud to have contributed to the many changes we implemented and the results we have achieved. I have decided that now is the right time to step down from my position, and I have agreed with the board to leave ForSea immediately, but I will be available to the interim CEO if he needs me,” said Johan Röstin.“The Board of Directors appreciates Johan Röstin’s dedication and commitment to ForSea.
Brent up to $61, First Monthly Gain Since July
Brent premium over U.S. crude widens to $12; China's implied oil demand set to grow 3 percent this year. Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since July, helped by strong investor inflows, an improving demand outlook and supply outages. At 1148 GMT, Brent crude futures were up 92 cents at $60.97 a barrel, off an earlier high of $61.75. U.S. crude was up 78 cents at $48.95 a barrel. Both contracts tumbled on Thursday, with U.S. crude falling hardest. Brent is trading at a premium of about $12 to U.S. crude, which remains hamstrung by massive inventory builds. This is the widest spread since January 2014. "The main event this week has been the widening of the spread between Brent and WTI (U.S.
