Hyundai Heavy's shareholders approve split

One of Korea's three huge shipyards, Hyundai Heavy Industries, has now received a go-ahead from its owners to be spun off from the group's other activities. The move is part of the efforts to improve the yard's finances.

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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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