Team Tankers in the red on lower volumes in Q1

Lower volumes in chemical tanker pulled Team Tankers into the red in the first quarter. But the operating profit was a positive surprise, notes Fearnley in an update. The firm cites high coverage in the second quarter and reiterates 'buy' for the share.

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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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