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Hapag-Lloyd merger takes big toll on CSAV's results

Chilean container carrier CSAV has had to dilute its stake in Hapag-Lloyd by USD 167 million following the German carrier's merger with UASC. CSAV is looking to get back to a stake totaling one fourth of the shares, says the carrier in its interim report.

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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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