Songa Bulk buys Kamsarmax vessel

CEO Herman Billung and Songa Bulk have added another ship to the fleet, an 82,000 dwt Kamsarmax vessel. Thursday, Billung told ShippingWatch that the company had USD 50 million to spend on new vessels.

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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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