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Clipper has sold 16 vessels as part of credit deal

The decision to shut down five offices represents just part of a comprehensive restructuring at Clipper Bulk, explains CEO Peter Norborg in an interview with ShippingWatch. "Now we can look 10-20 years ahead," he says. The sale of vessels has contributed significant proceeds.

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The solution to one shipping climate challenge could exacerbate another

The upcoming global sulfur directive is designed to solve a pollution issue, but the regulations look set to significantly exacerbate another problem. "It's not free for the environment," says a bunker consultant. It is the price that has to be paid to reduce sulfur emissions, says supplier Haldor Topsøe.

New shipping fund buys first container ships

Investment company Navigare Capital Partners has acquired three container ships for its shipping fund. The company invests money for three Danish pension funds and the Maersk family.

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