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MAN Sells Fuel-Sharing Engines for LNG Carrier

The company says the use of the dual-fuel engine technology is a first for this type of vessel.

GAC Group Names New Group President

Bent Ekstrand, former Asia-Pacific, Middle East leader for the company, will replace Lars Säfverström.

P&I Rates Rising in 2013

UK P&I Club announces 7.5 percent hike, while Gard will have a 5 percent increase.

Martek Gets $1M-plus Orders for Emissions Systems

The systems, which monitor various pollutants, will be used by Daewoo and HHI.

Profits Up for North European Shipping Company

Finnlines predicts "volatile and challenging" market for the remainder of 2012, but says it's prepared.

Global Bunker Prices Remain Firm

Many ports saw further gains on Wednesday, with markets in the Americas more mixed than elsewhere.

Fuel-Saving Pump Systems Could Save $500,000 per Year

Audit finds savings through fuel-saving technology, including adjusting cooling systems for sea-water temperatures.

Bunker Prices Start to Rise

Singapore, along with many ports in north and western Europe, and the U.S. Gulf see prices start to firm

Hanjin Improves Performance with Rate Recovery

Shipping company sees rate improvement in 2013 Trans-Pacific routes as U.S. economy improves.

Bunker Prices Continue to Fall

The week opened with bunker prices continuing to make losses in many ports, and crude saw some recovery from last Friday's big drop.

TORM Announces Technical Completion of Restructuring

The Danish shipping firm said its ability to meet new financial agreements depends on the tanker and bulk markets.

Slow Steaming, Service Changes Narrow NYK Line Losses

But high bunker fuel prices and yen appreciation see it downgrade The Japanese shipping company reduced its earnings guidance for 2012, citing "severe environment" and high bunker costs.

1,000th Order For 'Exceptional Fuel savings' Engine

Wärtsilä says it's a milestone for electronically controlled engines with good environmental performance.

Bunker Prices Continue to Weaken

IFO prices in key bunkering ports cement their position as the lowest prices in over three months while the positive six month trend continues to flatten.

WFS Marine Segment Q3 Profit Up to $54 Million

Overall the company made $51.5 million in profits on revenues of $9.9 billion.

CSAV Returns to Profitability After Major Restructuring

Chilean shipping company has cut back on operations in Asia and Europe over the past year.

Now is a Good Opportunity to Lock Up Cheap Bunkers for 2013

UOB-Kay Hian also says that the turnaround in 2013 for the currently depressed container market is now highly visible.

Bunker Prices Continue Down Thursday

November began with further falling bunker prices, and crude saw a third consecutive day of gains.

Wilhelmsen Rebrands Bunker Division

Drops "Premier" from its name and will be now known simply as Wilhelmsen Marine Fuels.

Seaspan Swings to Quarterly Profit

Company says new, fuel-efficient ships are increasingly attractive to its customers.

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