Concordia Maritime in new deficit: Things will be better in 3-6 months

One of the Stena Group's tanker carriers, Concordia Maritime, finished the third quarter with a large deficit. CEO Kim Ullman stresses that the markets have been strained for a year and a half, but that things should get better a few months from now.

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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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