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Hurtigruten ended 2020 with large deficit despite large-scale aid schemes

Hurtigruten lost almost USD 200 million in 2020 even though the shipping company received large sums in compensation from the Norwegian government's compensation schemes. Monday, the company secures a new large loan.

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World bank calls LNG a dead end as fuel for shipping

LNG is a risk-fraught waste of time as a fuel for shipping, and it will only delay the transition to sustainable fuels, warned the the UK's High-Level Climate Action Champion at the presentation of an LNG report from the World Bank.

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