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Reports: Hapag Lloyd IPO Set For Mid-November

The company is expected to sell 20 percent of its shares on the Frankfurt exchange.

"World's Most Advanced" Cable-Laying Vessel Cuts Fuel Consumption 27%

"It will also improve operational efficiency and customer focus," says ABB.

Booming Tanker Market Set for Best Q4 in Years, Say Analysts

Cheap bunkers and a glut of cut price oil means lower operational costs and more demand for oil transportation and storage.

Wide Margins for Box Shippers Due to Cheaper Bunkers Not Expected to Last

Drewry said that falling freight rates are likely to take their toll on financial results.

WTI Starts the Week Up 4%, Brent Up 2%

However, this rally most likely wont be carrying momentum.

Maersk Line: More ULCVs Coming "Like It or Not"

Michael White, President of Maersk Line North America, says big container ships are "necessary" and "here to stay."

BIMCO: Room for Optimism Despite Depressed Container Market

Peter Sand, Chief Shipping Analyst at BIMCO says the U.S. East Coast will become a new "battlefield" for box shippers.

TOTE Unifies Subsidiaries Under New TOTE Maritime Name

Sea Star Line and Totem Ocean Trailer Express will now be known by the new name,

Aegean Renews its $1 Billion Borrowing Base

Lenders give the marine fuel logistics giant improved terms.

Iran Ramping Up Oil, Product Export Activity Ahead of Sanctions Lift

Reports indicate that companies and entities from South Korea, Iraq, and Austria are poised to increase Iranian oil imports.

Delivery of Latest Fuel Saving SAVER Design Vessel Boosts Seaspan Fleet to 84 Vessels

Maersk Guayaquil is the first of a planned two 10,000 TEU capacity SAVER design vessels to be chartered to Maersk Line by Seaspan.

Proposed Summit Between OPEC and Non-OPEC Producers Aiming For Minimum $70 Oil

"If we go to a price war, it is obvious that the low-cost countries will have certain levels of gains," says Venezuelan Oil Minister Eulogio Del Pino.

Press Release: BMS United Bunkers Warns on Name, Logo Similarities With New Asia Based Player

"It has recently come to our attention that another company has started operating in the bunker industry under an almost identical name."

OW Bunker Trustees Await Final Court Ruling Over Disputed Fuel Claims

London's Court of Appeal will likely determine whether numerous competing claims on payment on fuel will go to the OW Bunker estate or to other oil suppliers.

Quadrise Signs Deal with CEPSA to Supply MSAR Fuel to Maersk Line Ships

The program is expected to run from the first half of 2016 to the end of 2016 or early 2017.

Carnival Sets 2020 Sustainability Goals With 25 percent GHG Reduction Target

The company said that it had already met its target to reduce greenhouse gas emissions by 20 percent from 2005 base levels a year early in 2014.

Crude Softens, Bunker Prices Mostly Stable

No change to benchmark federal funds rate should be bullish for crude short term.

Weekly Vessel Scrapping Report: 2015 Week 37

Weekly Vessel Scrapping Report: 2015 Week 37

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 19 - September 16, 2015.

Goldman Sachs: Oil Prices to Stay Low for 15 Years

"When we think of the longer term oil price, yes we put it at $50 a barrel," says Jeffrey Currie, head of commodities research at Goldman Sachs.

ExxonMobil Helps Triple Vessel's Engine Life, Shows Substantial Savings Potential

The CCM programme and Mobilgard 570 cylinder oil helps COSCO box ship achieve 55,000 hours of continuous engine use without maintenance.

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