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Norway could lose millions on Oceansaver collapse

Norway's state-owned fund Investinor expects to lose its entire investment after the collapse of ballast water systems supplier Oceansaver. Norway actively fought to have the IMO rules postponed, which wound up derailing the company.

Haakon H. Jensen is CEO of the national investment fund Investinor.

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SSY after Danish acquisition: "Hopefully 2+2=5"

Getting a foot in the door of Danish shipping was decisive for UK-based shipbroker Simpson Spence Young, which on Friday acquired Denmark's Bidsted & Co. "We're a good match," Chairman Mark Richardson tells ShippingWatch.

MSC to increase capacity of 11 vessels at Chinese yard

Container carrier MSC has signed a deal with a Chinese shipbuilder to increase the length of its 11 container ships, to boost their capacity to 17,000 teu. Competitor CMA CGM has also made a deal with the same yard, report several media.

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