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Prosecutor also appeals verdict in OW Bunker case

Following Lars Møller's appeal of his 1.5 years prison sentence in the OW Bunker case, the Danish Attorney General's office has decided to follow suit. The Danish High Court is now free to review the case again.

China preparing tough response to US tariffs

The US's individualist trade policy will ultimately harm the country's own workers and farmers, says Chinese spokesperson at a press conference. China will take action to defend its own interests.

South Korea awards state aid to shipping suppliers

South Korea's state aid to the shipping sector is no longer just manifested in support for yards and shipping companies, but now also for suppliers of, for instance, ballast water management systems, reports IHS Fairplay.

Shipbuilder Daewoo hints at possibility of sale

One of South Korea's shipbuilding giants notes that three should become two. The yard must be turned into "an attractive company for other companies to be interested in acquiring," says Daewoo CEO, according to South Korean media.

Will scrubbers make sense five years from now?

Already a few years from now it could prove difficult to get fuel for the scrubbers that many shipowners are thinking of installing. For a scrubber to pay off, the choice needs to be made now, a consultant tells ShippingWatch.

Shipyard aims to print components within one year

A collaboration between a technology company and a US Naval yard aims to print ship components within the upcoming year. The technology can change the shipbuilding industry, says 3D Systems VP to ShippingWatch.

Researcher who saw stressed 2020 oil market is more worried now

Oil analyst Martin Tallett projects that the world will need 2.3 million barrels more per day by 2020 when the new IMO sulfur cap for shipping comes into effect. "We don't believe the refining industry can produce all of the fuels that would be needed to achieve 100 percent compliance," he says.

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