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China ready for billion-dollar financing of Iranian ships

Major Chinese bank ICBC is prepared to issue a loan of USD 1 billion to Iranian carriers in order to support the Chinese yard sector, reports IHS Fairplay.

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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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