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Cosco Shipping secures financing for tanker vessels

Cosco Shipping has signed a credit agreement with bank Cexim for USD 544 million which will be used to finance ten tanker vessels, notes Fearnley Securities in an update.

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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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