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Report: Scrubbers are not a financial solution for old vessels

It is not worthwhile to install scrubbers on old vessels in an effort to comply with the sulfur cap which will take effect globally from 2020. This is according to a new report, writes Ship and Bunker.

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Trafigura CEO: Continued oversupply on the oil market

2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.

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