Shipping bank loans at lowest level in a decade

Total loans from the major shipping banks declined by USD 42.5 billion in 2016 and the banks' shipping loans are now at their lowest level since 2007, shows a report from Greek analyst firm Petrofin Research.

DVB's hovedkontor

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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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