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Clarksons: Robust earnings in challenging shipping markets

UK-based Clarksons, the world's biggest broker, saw its operating profit decrease in 2016 due to sliding freight rates and lower asset values. But earnings remained strong, says management in a financial report Monday.

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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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