Rickmers Maritime CEO: Divestment is the only way forward

Bondholders' rejection of Rickmers Maritime's restructuring proposal for the crisis-struck carrier could mean "a long and painful liquidation of the company," says Søren Andersen to ShippingWatch. Divestments are a necessity.

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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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