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Box Market Bunker Demand to Double by 2030
Mar 24, 2015 ... Consulting Group (BCG) predicts bunker demand in the container segment will nearly double between 2014 and 2030. BCG delivered the comments as part of its analysis of the global shipping ...
BCG: LNG Could Have 27% of Bunker Market by 2025
Mar 24, 2015 ... expenditure on new ships and retrofits, LNG's market penetration could rise to about 25 percent. Container Segment Most Ripe for LNG Alternatively, if HFO prices decline to pre-2008 levels, the ...
Slow Steaming has Created a "Huge Gap" in the Market
Mar 19, 2015 ... forwarder, based on a chargeable weight of 9,600 kilograms per forty-foot equivalent unit (FFE) container, the cost per FFE to send goods from China to Hamburg would be $3,000 per FFE by sea, ...
China's Rongsheng Signs MOU to Sell Shipbuilding Business
Mar 18, 2015 ... face of market difficulties, China Rongsheng Heavy Industries had turned its focus to building containerships with a "green design" as one its key products.  However, a year later, the ...
Shipowner Calls Off $260M Refinancing Plan
Mar 18, 2015 ... 30 vessels, including four Suezmax crude oil tankers, 18 MR product tankers, seven Post-Panamax container vessels, and a Capesize bulker, all of which are chartered out to ...
Maersk Line Makes Bunker Surcharges More "Accurate", Critics Say Less Transparent
Mar 12, 2015 ... to the way its BAF functions, but says the changes are not designed to profit from a slide in oil prices, ShippingWatch reports. Until recently, Maersk Line's website included a BAF ...
Houston Ship Channel Closed After Ship Collision Caused MTBE Spill
Mar 11, 2015 ... contained, said Andy Kendrick, a U.S. Coast Guard spokesman. Operations at the Barbours Cut container terminal, along with a 1.6-kilometre stretch of the channel, were closed off as a ...
OOCL Earnings Up 400% as Bunker Costs Fall by Over $100M
Mar 10, 2015 ... results for 2014, reporting a more than 400 percent year-on-year jump in operating profit for its Container Transport and Logistics segment, shipper Orient Overseas Container Line (OOCL), driven ...
Box Shippers to Raise U.S.-Asia Contract Rates Despite Low Bunker Prices
Mar 4, 2015 ... not oil prices, said Skou. When oil prices rose a few years ago from $30 to $130 per barrel, container rates fell in the same period, he added. While acknowledging that "we are facing the ...
IPO for Recyled Bunkers Company
Feb 20, 2015 ... per year and Ecoslops has already signed a deal to handle waste from the world's second largest container shipping company, MSC. The move follows a "world first" successful pilot of the ...