MAN promises 12 percent fuel savings with new engine

A new engine from MAN Diesel & Turbo will, according to the company, save shipowners as much as 12 percent fuel compared to other engines. The new engine is targeted RoPax, RoRo, and cruise ships.

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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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