Hyundai Heavy signs huge contract with Iran

Hard-pressed shipbuilder Hyundai Heavy Industries gets a breather as the group has secured a new contract with Iran's state-owned carrier. The South Korean yard will build ten vessels for the Iranian carrier for a sum of USD 700 million.

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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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