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Drewry: Clear Evidence Box Carriers Are Passing-On Bunker Savings
Apr 1, 2015 ... most likely a function of the responsiveness of carrier BAF calculators than anything sinister." Maersk Line has said it assumes that between 70 percent and 80 percent of bunker savings are being ...
Shippers Living "Hand to Mouth" Despite Low Bunker Prices, Near 100% Utilisation
Mar 31, 2015 ... reported strong results for 2014 and presented an optimistic outlook for 2015. Earlier this year Maersk Line reported a 50 percent year-on-year jump in profits for 2014. On Monday, CMA CGM Group ...
Alphaliner: Repeated Rate Increases From Carriers "Hard To Justify"
Mar 26, 2015 ... "hard to justify," ShippingWatch reports. According to the report, Some carriers, including Maersk Line, have more than doubled their rates for April 1,2015, making it the fifth time that ...
Slow Steaming has Created a "Huge Gap" in the Market
Mar 19, 2015 ... may spur shipping companies to speed up on some routes. However, large box shippers such as Maersk Line have said shipping networks had been designed around slow steaming over recent years, ...
CMA CGM Looking To Order at Least Three 20,000 TEU Boxships
Mar 19, 2015 ... by 2017.  The vessels are also expected serve the Asia-Europe trade, a route that both Maersk Line and Mediterranean Shipping Co. (MSC) have already deployed mega-ships on as part of ...
Maersk Line Makes Bunker Surcharges More "Accurate", Critics Say Less Transparent
Mar 12, 2015 ... Line has ceased offering a publicly available Bunker Adjustment Factor (BAF) calculator amid changes to the way its BAF functions, but says the changes are not designed to profit from a ...
Houston Ship Channel Closed After Ship Collision Caused MTBE Spill
Mar 11, 2015 ... the American Press reports. According to a report from Bloomberg, the 45,000 DWT tanker Carla Maersk, which had been carrying 216,000 barrels of MTBE at the time of the incident, was on its way ...
Maersk Line Says Slow Steaming Will Continue as "We Want to be as Energy-Efficient as Possible"
Mar 5, 2015 ... Line will continue to slow-steam because it wants to be "as energy-efficient as possible," CEO Søren Skou said in last week's 2014 financial report.  “The bunker price may rebound, in ...
Box Shippers to Raise U.S.-Asia Contract Rates Despite Low Bunker Prices
Mar 4, 2015 ... Line CEO Soren Skou this week said at the annual Trans-Pacific Marine conference in Long Beach that he expects to negotiate higher contract rates on U.S.-Asia routes towards May 2016, ...
Maersk Line: 25,000 TEU Vessels Are Possible, but Won't be Practical Anytime Soon
Mar 3, 2015 ... Line CEO Soren Skou this week said in an interview at the Trans-Pacific Marine conference in Long Beach, U.S., that ships with capacities of 25,000 twenty-foot equivalent units (TEU) are ...