Fearnley Securities

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FEARNLEY SECURITIES AS

IMO ballast treaty news good for ship repair

The ratification of the International Maritime Organization Ballast Water Management Convention is an opportunity for more business in Greece's ship repair zone, according to the sector's entrepreneurs. The development emerged last week as Finland signed on to the treaty, thereby raising the share of the global fleet to have accepted it to 35 percent, which means it can now be activated.