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US shale boss predicts that offshore oil will soon die out

Oil companies which invest in deepsea fields and new exploration fields at sea will soon be a thing of the past, says a US shale billionaire who predicts strong growth in shale oil over coming years.

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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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