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Imtech Marine Opens Green Ship Centre

potential 60 percent reduction of electricity use, saving money as well as reducing environmental impacts.

Rapid Action Needed on Environmental Technologies

Finland's Minister of Transport says environmental technologies to help the maritime industry will be a "major topic" in upcoming budget discussions.

New Bunker Trader at Dan-Bunkering

Oscar Obregon joins the firm's team at their Copenhagen, Denmark office.

UK Shipping Committee Raises ECA Concerns

Fuel costs were estimated to rise by up to 87% leading to "intolerable" costs for ship operators.

Troubles Deepen for TORM

The firm said it was now in breach of its financial covenants, has no credit lines available, as well as no order book.

Quadrise to Expand Alternative Fuel Business in Saudi Arabia

Firm plan to start a joint venture to undertake all further business in Saudi Arabia

A.P. Møller - Maersk Place €750 Million 7-Year Bonds

The Danish conglomerate said net proceeds from the bond sale will be used for "general corporate purposes."

Bomin Group Expands Operations in the Mediterranean

Firm to supply bunkers in the Spanish ports of Alicante and Castellon.

Inver Energy Brings In PX, Focuses on Inland and Marine Fuels

UK firm says the multi-million pound long term contract frees it from day to day management of its Cardiff terminal.

Antwerp To Get €2.3 Billion in Refinery Upgrades

ExxonMobil, Total, and Gunvor make investments to make lighter products and stay competitive with the Far East and the Middle East.

Bunker Spill in Nakhodka Bay, Russia

Three tonnes of fuel spilled when a tanker was being loaded with fuel oil.

EU Ports See 66% Reduction in Sulfur Dioxide

The EU's Joint Research Centre says study demonstrates that ships were the main source of sulfur dioxide in the harbours.

Record Quarter for WWH

Wilh. Wilhelmsen Holding ASA reports 94% increase in EBIT to $139 million for Q2 2012.

A.P. Møller - Maersk Announces Change of Management

Firmaet A.P. Møller to be replaced by current members of the Executive Board on 1 January 2013.

Britain's Oldest Shipper Placed into Liquidation

Bulk cargo ship operator Stephenson Clarke says the current market is one of the worst experienced for many years.

S&P Say CMA CGM is in a Weak Liquidity Position

Delays collecting $250 million in cash have generated increased uncertainty over CMA CGM's ability to execute a restructuring plan.

Bunker Supply Tight in Novorossiysk Following Floods

Source says "There is very little product available in the port" following severe flooding in the region.

Aegean Announces Barcelona Bunkering Expansion Plans

Supplier says it's secured 50,000 cubic meters of storage, plans to commence retail bunkering services by the end of Q1 2013

Shipping Services Firm in Management Buy Out

HSBC Shipping Services will be renamed Hartland Shipping Services upon deal completion

Maersk Announce 2nd Quarter Interim Results Teleconference

2nd Quarter Interim Report will be held on August 14, 2012 at 09.30 a.m. (CET)

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