CSAV booked loss in 2016

Chilean carrier CSAV, which was bought by Hapag-Lloyd in 2015, emerged from 2016 with a bottom line deficit. "We continue in a scenario of high volatility of rates," says CEO Oscar Hasbun according to Seatrade Maritime.

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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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