Farstad CEO Says Risk of Macondo-Like Spill Repeat Increasing

Farstad Shipping ASA (FAR)’s Chief Executive Officer Karl-Johan Bakken said the risk of a Macondo- like spill was increasing, as the industry was “leaning back” after improving its preparedness after last year’s Gulf of Mexico disaster. Bakken spoke on a panel debate at a conference outside Oslo today.

To contact the editor responsible for this story: Marianne Stigset at mstigset@bloomberg.net

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