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Found 713 results
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BIMCO: Room for Optimism Despite Depressed Container Market
Sep 21, 2015 ... Sand, Chief Shipping Analyst at BIMCO, says that while low demand in the container shipping industry's high volume trade lanes is putting pressure on carriers' earnings, he maintains that ...
China Fuel Oil Imports May Decline by Nine Percent in 2016
Sep 21, 2015 ... affects prices as well," they added, in reference to the deployment of a number of ultra large container vessels (ULCVs) this year on the Asia-Europe routes. Additionally, China's imports of ...
Maersk: Current Market Comparable to 2009 Crisis, but "We Can Use the Downturn to Positive Effect"
Sep 10, 2015 ... not all the way there yet, but almost. And we're also facing the historically low rates in the container industry." Given the market context, Maersk is said to have posted strong results ...
CMA CGM Posts 67% Profit Growth as Bunker Costs Fall 36%
Sep 2, 2015 ... on year. CMA CGM says that its unit costs fell 10.9 percent year on year, thanks to falling oil prices, reporting operating expenses during Q2 at $3.7 billion compared to $3.9 billion during ...
Bunkers on Sunken Vessel Make For "Ecological Time Bomb" off New Zealand's Coast
Aug 25, 2015 ... mind." Gordon argues that the RMS Niagara "poses as big an environmental threat as the Rena," a container ship that sunk off the New Zealand coast after running aground in 2011, resulting in a ...
Maersk Line: Confident 2M Alliance Will Bring $350m of Savings
Aug 19, 2015 ... freight rates on the Asia-Europe trade, but promising to hold their lead position in the global container shipping market. In June, Mario Cordero, chairman of the U.S. Federal Maritime ...
Insurers Say Tianjin Explosion Highlights Risks of Bigger Box Ships
Aug 18, 2015 ... China has highlighted the risks of accumulating cargo values in port storage and on larger containerships, the International Union of Marine Insurance (IUMI) said in an emailed ...
Deltamarin Introduces "the Future Container Feeder Design"
Aug 17, 2015 ... Ltd. (Deltamarin) Thursday announced the introduction of what it says is "the future container feeder design", the A.Delta2300, boasting best-in-class design in terms of cargo capacity, ...
Maersk Line: 2015 Q2 Net Profit Down 7.3% Year-on-Year
Aug 17, 2015 ... freight rates on the Asia-Europe trade, but promising to hold their lead position in the global container shipping market. Maersk Line reported the result for 2015's first half as $220 million ...
China: Bunkering Suspended, No Re-Open Date Set for Closed Fuel Oil Terminals at Tianjin
Aug 17, 2015 ... company said. "At this point, it is not possible to evaluate the degree of damage suffered by containers and cargo at the port's terminals." Oil and gas facilities, including ones operated ...
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