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Fuel Costs Push LNG Bunker Development
Apr 1, 2014 ... of LNG supply is limited and installation of LNG engines is an expensive investment," said Maersk Line spokesman Mikkel Elbek Linnet. "But LNG might be a viable solution for new-built ...
P3 Plans Mid-2014 Startup
Mar 24, 2014 ... companies is likely to start operations in mid-2014, Reuters reports based on statements from Maersk Line. Approval from the U.S. Federal Maritime Commission (FMC), which applies to routes to ...
DNV GL: Eco-Ships Have "Become the Norm"
Mar 12, 2014 ... and a loss for your whole operation," he said. The world's largest container carrier, Maersk Line, which has already adjusted the hulls of some older ships to save fuel, is ...
Two-Thirds of Shipping Industry Optimistic: Survey
Feb 27, 2014 ... further imbalance in supply and demand risks throwing the current fragile recovery off course." Maersk Line's Thomas Knudsen said last month that overcapacity is likely to remain a problemĀ for ...
Maersk Line Profits More Than Triple in 2013
Feb 27, 2014 ... for Danish shipping giant Maersk Line more than tripled to $1.5 billion for 2013, up from $461 million the previous year, thanks to vessel network efficiencies and lower bunker prices, and ...
U.S. Approval of P3 Likely, with Conditions
Feb 12, 2014 ... approval will come with conditions, the Wall Street Journal reports. The alliance, consisting of Maersk Line, CMA CGM, and Mediterranean Shipping Co. (MSC), will be required to ensure that fuel ...
Maersk Line: Low-Sulfur Rules will Mean Surcharge
Feb 5, 2014 ... Line will add a surcharge for low-sulfur fuel to its rates as Emissions Control Area (ECA) rules taking effect next year raise its bunker costs, Niels Bruus, the company's head of ...
Container Lines Need to Cost Cuts for Profitability in 2014
Jan 3, 2014 ... will continue to be another challenging year for container shipping," said Thomas Knudsen, CEO of Maersk Line in the Asia-Pacific region. "We foresee global container demand to be higher than ...
Shippers Concerned About P3 Impacts
Jan 2, 2014 ... are concerned that the P3 Alliance of Maersk Line, CMA CGM, and MSC could end up hurting competition and pushing their costs up, Chris Welsh, secretary general of the Global Shippers Forum ...
Larger Vessels to Call at West African Port
Dec 27, 2013 ... arrival of the Maersk Copenhagen at Port Harcourt, Nigeria earlier this month marked the successful completion of channel widening and wreck removal work that will allow larger vessels to call ...
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