Yard group Kvaerner more optimistic about market prospects

Norwegian shipbuilding group Kvaerner saw its revenue slide, though the group managed to increase earnings in 2016. Kvaerner should be able to increase its orderbook, says CEO Jan Arve Haugan about the prospects going forward.

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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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