Prosafe forced to book major rig impairment

A USD 609 million impairment on goodwill and the fleet has sent Prosafe's bottom line into the red in the third quarter. The company expects a market with huge fluctuations and continues its focus on costs.

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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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