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Norway's Borr Drilling in giant order for 15 rigs

Somewhat newly-established company Borr Drilling in Norway is looking to buy 15 rigs from US-Swiss rig major Transocean for USD 1.35 billion. Borr Drilling is headed by the former CFO of John Fredriksen's Seadrill, Tor Olav Trøim.

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Nordic shipowners see multiple problems with speed limit

Danish Shipping and the Norwegian Shipowners' Association think that there are many potential pitfalls in implementing a speed limit for vessels in order to reduce their greenhouse gas emissions. The discussion of a speed limit was instigated by the new ECSA chairman.

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