Higher bunker prices push Maersk Line into first quarter loss
MAY 11, 2017 — In line with expectations, A.P. Møller – Mærsk A/S reported a profit of $253 million ($224 million) with a return on invested capital (ROIC) of 3.5% (2.9%),in its
MAY 11, 2017 — In line with expectations, A.P. Møller – Mærsk A/S reported a profit of $253 million ($224 million) with a return on invested capital (ROIC) of 3.5% (2.9%),in its
MAY 11, 2017 — Wärtsilä is to supply the main engines for the first Endeavor class expedition mega yacht that Genting Hong Kong is building for its Crystal Cruises unit at its
MAY 11, 2017 — Shell Marine is introducing its Marine Integrated Lubrication and Expert Solutions (MILES) program. This new initiative includes combining purchasing options, services and an extensive range of lubricant products
MAY 11, 2017 — A Winterthur Gas & Diesel (WinGD) W-Xpert Full Mission Simulator (FMS) for training complete engine room crews is now in operation at the Marine Power Academy Training Center
MAY 10, 2017 — U.S. Customs and Border Protection has withdrawn a January 18 revocation notice that was widely welcomed by the U.S. domestic marine industry as promising to restore American jobs
MAY 10, 2017 — The American Waterways Operators (AWO) has approved classification society Lloyd’s Register (LR) as a third-party organization authorized to conduct audits of member operations as part of the AWO
MAY 10, 2017 — In the latest development in the so-called Fat Leonard scandal, Neil Peterson and Linda Raja, former executives of foreign defense contractor Glenn Defense Marine Asia (GDMA), yesterday pleaded
MAY 10, 2017 – Middleton, RI, based KVH Industries, Inc. (NASDAQ: KVHI) reports that Rotterdam headquartered Smit Lamnalco finalized an agreement earlier this year to install KVH’s maritime solution on its offshore
MAY 10, 2017 — A vessel with an asymmetric stern has a twisted aft shape that is designed to account for the differing flow conditions on each side of the propeller. The
MAY 10, 2017 — Overseas Shipholding Group, Inc. (NYSE:OSG), which these days describes itself as “a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets,”