Weak offshore market hurts Rolls-Royce

Despite an overall increase in revenue at Rolls-Royce, the marine division is still in a state of crisis with a new plunge in revenue. The company is focusing on its restructuring plan aimed at providing major savings.

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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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