BW Offshore looking forward to milestone in tough market

BW Offshore's FPSO vessel BW Catcher will start work in the fourth quarter this year. This milestone is crucial in a tough and very competitive market, CFO Knut R. Sæthre tells ShippingWatch.

Knut R. Sæthre, CFO, BW Offshore

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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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