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Scandinavian banks still weighed down by oil sector

Nordea and Danske Bank once more had to impair their loans to shipping and oil. Problems in the oil sector, which seems to be recovering, were a major factor weighing the banks down in the second quarter 2017.

Nordea CEO Casper von Koskull.

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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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