J. Lauritzen lowers full-year guidance for 2016

The challenging dry bulk market makes J. Lauritzen lower its full-year guidance. Mads P. Zacho in the quarter took over as CEO of the carrier, which booked yet another negative bottom line.

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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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