National Oilwell Varco to lay off as many as 170 people in Norway

National Oilwell Varco is looking to reduce its workforce in Norway by one in ten employees, reports Dagens Næringsliv. The oil company has been cutting costs since the oil price plunged.

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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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