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Maersk Line Prepared to Withdraw Capacity to Increase Utilization

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

MPA Provides "Largest Number of Recipients" 2015 Global Internship Award

Programme allows undergraduate students to gain hands-on experience in the maritime industry

MPA Responds to Alpine Eternity Tanker Shooting Incident, says Singapore is "Deeply Concerned"

The authority has requested Iranian maritime authorities to investigate the incident and prevent future recurrences.

Armed Bunker Pirates Strike MT Oriental Glory Again, Steal 2,500 mt of Fuel Off East Malaysia

The incident is the second time fuel has been stolen from Oriental Glory in the last 12 months.

Soft Start to the Week for Crude Prices

Saudi Arabia said that exports have hit the highest level in 10 years.

U.S. West Coast Ports Expect Return to 'Normal' by End of May

However, some shippers are still experiencing the fallout of the months-long labour dispute.

Marine Insurers Increasingly Concerned Over Covering Mega-Containerships

The International Union of Marine Insurance said that there were worries about the huge cargo values being carried aboard the mega-ships.

Environmental Group Says New Polar Code is Not Enough to Protect Antarctic Environment from Shipping

The Antarctic and Southern Ocean Coalition said that ships should be banned completely from dumping sewage overboard in Antarctic waters.

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.

Greater Bunker Efficiency, Lower Prices Help Hapag-Lloyd to a "Solid" First Quarter Following CSAV Merger

The German shipper said "the sharp increase in profit was achieved in a challenging market environment."

Bunker Piracy in Straits of Malacca & Singapore "Remains a Key Concern": ReCAAP ISC

"Ship masters and crew are advised to deploy extra security watches," advises ReCAAP.

Bunker Costs Help Cushion Q1 Loss for Singapore-Based NOL

But President and CEO Ng Yat Chung warns "the liner industry continues to face persistent over-capacity and uncertain global economic prospects."

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.

Low bunker Prices Help Hanjin Shipping Swing to Profit in First Quarter

The company posted a net profit of $21 million this quarter after years of consecutive losses.

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.

Glander International Bunkering Cements Position in India

GIB announced Thursday that its Mumbai office has officially been registered as Glander International Bunkering (India) Private Limited.

Low Bunker Prices Improve Viking Line Results Once Again

Consolidated sales rose to $119.5 million from $117.7 million in the first quarter.

Tanker Investments Posts Strongest Quarterly Profit Since Inception

The Teekay spinoff company said that it was coming out of its phase of acquisitions.

KPI Bridge Oil Promotes New Managing Director in New York

Brian Coyne has been with the company for 10 years, the company said.

Experts: IFO380 Will Be Replaced by 500 cSt as the World's Dominant Bunker Fuel

If operators are burning IFO380, then "the likelihood is sky high" they can burn 500 cSt, says Dennis Eley, Marine Fuel Quality Manager, World Fuel Services.

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