DOF takes over terminated Subsea 7 contract in Brazil

Norwegian offshore carrier DOF has just taken over a contract with Petrobas in Brazil, which until yesterday belonged to Subsea 7. The contract termination will generate a USD 106 million loss for Subsea 7.

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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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