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Marine unit drags Rolls-Royce into the red for 2016

The hard-pressed marine business unit contributed to the combined result landing in the red in 2016 at the major UK-based engine manufacturer. Rolls-Royce has opted to make a goodwill impairment for the business and doubts that the oil and gas market will improve this year.

Photo: Rolls Royce PR

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Søren Skou: Transformation of Maersk is complex

Maersk Group CEO Søren Skou does not hide the fact that Maersk's transition is a lot to handle and a complex task. And while he is not satisfied with the financials yet, he promises investors that good results are coming.

Golden Ocean hopes green regulations can offset bulk fleet growth

The dry bulk market has improved, and this has prompted the order book for new ships expand and potentially strain competition in the years to come. Golden Ocean hopes that the environmental regulations hitting the sector in the years to come will result in more ships being scrapped, says the carrier in its annual report 2017.

One alliance accounts for majority of bulging order book

The members of one container alliance in particular have been busy ordering new vessels in the past six months. Looking at ships of more than 16,000 teu, this alliance accounts for 58.6 percent of the orders, writes SeaIntel in a new analysis.

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