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Transocean punished for biggest offshore deal of oil downturn

Investors did not take kindly to the news that Transocean had agreed to buy Songa Offshore in the biggest offshore drilling industry deal since the oil price plunge began three years ago.

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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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