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Exmar expects challenging gas market in 2017

Tanker carrier Exmar saw its revenue slide in 2016, though the bottom line grew following a series of one-off incomes, including payment for a canceled contract. A weak product tanker market combined with many new vessels will make 2017 challenging.

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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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