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Oil countries extend production cuts

Members of OPEC and several other oil producing countries reached an agreement to extend reductions on oil production. However there are indications that the market expected more from the extension.

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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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