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Maersk Line Prepared to Withdraw Capacity to Increase Utilization

The move could concern services in Asia-Mediterranean and West Africa.

Hapag-Lloyd Looks to Further Ship Investment, Says Demand for Box Shipping Services Will Continue to Rise

But the German shipper warns temporary imbalances in supply and demand could have a substantial impact on transport volumes and freight rates.

Singapore Products Tanker Comes Under Fire from Iranian Naval Vessels

Incident was said to be a result of a March 21 collision between the Alpine Eternity and an Iranian jacket platform in the Gulf.

Promotion, Relocation at Dan-Bunkering

Dan-Bunkering announces promotion of Anders Høj Sørensen to Senior Bunker Trader, as well as the relocation of Tatjana Liašūnaitė to the Copenhagen office.

Piraeus Bunker Suppliers Suffering Loading Delays Due to Strike

"We're extremely tight on product ," a Piraeus trader was quoted as saying.

More Losses for Greek Dry Bulk Specialist

Diana Shipping reports a Q1 net loss of $10.8 million compared to a loss of $6 million for Q1 2014.

World's First Fully Electric Vessel Wins Award

The Norled owned and operated Ampere, the world's first fully battery driven vessel, was said to save about one million litres of fuel annually.

Dutch Shipowner to Install Two Wärtsilä Scrubber systems

The scrubbers will be installed on two RoRo carriers belonging to Royal Wagenborg

"Teething Problems" with LNG Vessels Sees Fjord Line Suffer Heaving Income Losses

The company has reportedly suffered numerous problems with its LNG-powered cruise ferries MS Stavengerfjord and MS Bergensfjord.

Dan-Bunkering Makes New Appointment in Dubai

Emad Alrifai is the company's 16th employee at its Dubai office.

Iran Releases the Maersk Tigris

The containership was detained last week over a decade-long legal dispute between Maersk Line and an Iranian company.

Gulf Petrochem to Start Bunkering Operations in Fujairah

The licence issued by port authorities is effective immediately.

Viking Line: Bunker Savings are a Big Area of Focus for First Ocean Cruise Ship

Cruise line says fuel efficient ship design a large consideration in staying economical.

German Rail Strike Tightens Bunker Supply at Hamburg

Traders who receive supplies at sea have reportedly not been as affected.

Odfjell Slides to $32 million Loss, Expects to Lose Out on $57 Million Through Bunker Hedging in 2015

Odfjell said the low prices, plus a weak Norwegian Krone, had "significantly" impacted the market value of its existing bunker hedging positions.

OW Bunker: Bank Snubbed as Investors Make Headway on Secret Lawsuit Code Named "Project Black"

"It would be wrong to announce an official boycott, but we weigh up all factors when we decide which banks we use for trading," says OW investor ATP.

Containerships Selects Eniram to Help Reduce Bunker Costs and Improve Ship Efficiency

Containerships will be working with Eniram to optimise its vessel performance and reduce fuel consumption and emissions.

Iranian Seizure of Singapore Owned Maersk Tigris Due to Cargo Dispute

Maersk says it was ordered to pay $3.6 million by an Iranian court on Thursday after decade-long dispute over 10 shipping containers.

Russia Developing Bunkering, Port Infrastructure For NSR

Officials hope that the developments will boost port business development in the region.

Lukoil Resumes Bunkering Operations in Yaroslavl

Lukoil-subsidiary Lukoil-Bunker said that its first three operations had occurred on April 27.

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