German bank ahead of schedule selling shipping loans

Norddeutsche Landesbank, NordLB, has reduced its combined loan portfolio to shipping by EUR 4.6 billion since 2015, the bank informs in the half-year interim report Wednesday.

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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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