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NGOs' solution to climate problem: Sail slower

The merchant fleet's CO2 emissions could be reduced by a third if carriers just decreased their speed, reveals a new study commissioned by two environmental NGOs.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

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