Semco Maritime delivers new large deficit

Semco Maritime suffered setbacks in 2016 triggered by declining activity in oil and gas. The bottom line went red for the third consecutive year with the biggest deficit in the three-year period, and the company also laid off staff last year.

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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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