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North Sea oil to deliver £1bn in tax this year

A forecast £1 billion tax revenue from North Sea oil in the current financial year would make a serious dent in Scotland’s budget deficit if “natural justice” were applied, according to one of the industry’s most outspoken figures.

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Blockchain Arrives for Ship Finance

The blockchain revolution has already arrived for shipping, with big players like Maersk making moves on core business systems that rely on distributed ledgers. Now it is arriving for shipping finance. A new startup, Shipowner.io, intends to democratize investment in merchant vessels by offering a blockchain-based trading platform, and it says that it already has $200 million in listed assets and services.

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