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Havila settles agreement with creditors

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Offshore ship operator Havila Shipping has reached an agreement with its creditors. As part of the deal, the owner family will provide NOK 100 million in liquidity credit.

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Fredriksen's Golden Ocean appoints new chief executive

Golden Ocean has found its permanent replacement for Birgitte Vartdal, who stepped down as CEO last year. The company has tapped the chief executive of a gas shipping company, who will, among other things, "explore new opportunities for growth and consolidation." (Updated)

Total signs deal for LNG-fueled VLCCs

French oil major Total has signed a deal to lease two VLCC ships ordered by a Malaysian company. The ships are expected to be delivered a few years from now and will be fueled by LNG.

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Torm flies injured seafarers to Denmark

The three seafarers who fell 20 meters during an exercise aboard a Torm vessel last week have now been flown from a hospital in Guinea to Denmark. Torm informs that all three are in recovery.

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Maersk extends suspension of crew changes

The suspension of crew changes on Maersk's ships is extended by a month, informs captain and board member of the shipping company. Maersk has made several initiatives to make life easier onboard.

Countries propose environmental rating system for vessels

It should be much easier for parties collaborating with the shipping industry to understand a ship's environmental profile, and this should be achieved through a rating system adopted by the UN, according to new proposal submitted to the IMO.

DNV GL prepares for a "storm" in coming months

DNV GL turns to temporary furloughs due to the coronavirus crisis. "We cannot wait for the storm without taking temporary measures," CFO Thomas Vogth-Eriksen tells ShippingWatch. The company is prepared to postpone inspections on vessels and declare force majeure.

Norway considers historic oil cuts

For the first time in nearly 20 years, Norway could be about to lower its oil output. This occurs at a time when the country was otherwise expected to increase production.

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