Daewoo maintains 2017 trend with another profit in Q3

South Korean yard giant DSME managed to remain in the black in the third quarter, reports news bureau Yonhap. The yard is significantly better off than last year after a rescue package from the South Korean government in the spring.

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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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