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BV Classes World's Largest Containership
Nov 15, 2012 ... and certification service Bureau Veritas (BV) said Wednesday it classed the world's largest containership by box volume, the new CGM Marco Polo operated by CMA-CGM of France, saying the ...
HHI Complete LNG, Diesel Dual-Fuel Engine Demonstration
Nov 12, 2012 ... system, intended for use in all types of vessels including liquefied natural gas (LNG) carriers, containerships, and oil tankers, and shows higher levels of performance while allowing ship owners ...
Maersk Line Help Boost Group's Q3 Profits
Nov 9, 2012 ... to support both our returns and earnings stability as we move forward." Maersk said its container services division, Maersk Line, and its oil and gas production business, Maersk Oil, did ...
Fuel-Saving Pump Systems Could Save $500,000 per Year
Nov 7, 2012 ... the 32,545 dead weight tonne (dwt) Durban Bulker will come to about $35,000 per year, but a large container bulker could save around $500,000 per year. The company said audits will find different ...
CSAV Returns to Profitability After Major Restructuring
Nov 2, 2012 ... for the quarter fell to $854.7 million from $1.15 billion in the same period last year. "Container shipping services bunker cost is the main single component of CSAV's cost of sales, ...
Now is a Good Opportunity to Lock Up Cheap Bunkers for 2013
Nov 2, 2012 ... lock up cheap bunker fuel for 2013," and that the turnaround in 2013 for the currently depressed container market is now "highly visible." Asia-Europe rates are up 22 percent to $1,315 per ...
Coastline Speed Limit Could Drop Emissions 70%
Oct 30, 2012 ... found that, because fuel consumption and emissions increase exponentially with speed, slowing container ships from between 25 and 29 miles per hour (mph) down to 14 mph, or 44 to 52 percent, ...
Box Volumes, Revenues up at OOCL
Oct 23, 2012 ... Overseas Container Line (OOCL) saw Q3 box volumes for the three months ended September 30, 2012 rise 3.4% to 1,360,870 twenty-foot equivalent units (TEUs), up from 1,315,496 TEU in the same ...
Bleak Outlook for Global Bunker Demand
Oct 19, 2012 ... just meet daily costs. I'm quite worried about them because we're partners for many years." One container shipping executive said they thought the recovery would not happen until 2015. Figures ...
Maersk to Shift Focus Away from Containers
Oct 10, 2012 ... the face of a volatile container shipping market, A.P. Moller-Maersk (Maersk) is shifting its focus toward its oil, terminals, and drilling businesses, Reuters reports. The Danish company has ...
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