Maersk’s Hedge Busted as Oil and Freight Revenue Slide
By Chris Bryant (Bloomberg) — In “normal” times, AP Moeller Maersk’s oil production assets should provide a natural fuel-price hedge
By Chris Bryant (Bloomberg) — In “normal” times, AP Moeller Maersk’s oil production assets should provide a natural fuel-price hedge
By Joe Ryan (Bloomberg) — Dong Energy A/S, the world’s largest offshore-wind developer, agreed to acquire a lease for a site off the coast of New
By Foo Yun Chee BRUSSELS, Feb 10 (Reuters) – Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing
By Ole Mikkelsen COPENHAGEN, Feb 10 (Reuters) – Denmark’s A.P. Moller-Maersk tumbled to a loss of $2.5 billion in the last three months of 2015
The world’s leading designer of membrane containment systems has linked up one of the world’s biggest shipbuilders to advance the commercial
By Louis Charbonneau and Michelle Nichols UNITED NATIONS, Feb 9 (Reuters) – A U.N.-blacklisted North Korean shipping company continues to evade sanctions
By Mike Wackett (The Loadstar) – The jury is out as to whether the dramatic fall in oil prices in the past two years has produced a net benefit
By Suzi Ring (Bloomberg) — A conman posing as a millionaire London trader who defrauded a Dutch shipping company of 100 million euros ($113 million) was
Above is an AIS recreation of the refloating from VesselTracker:One of the world’s largest containerships was pulled free overnight after spending five
A total of 12 tugs helped refloat the grounded CSCL Indian Ocean from Germany’s Elbe River early Tuesday morning. The operation kicked
The U.S. Coast Guard published guidance February 5th that allows mariners to use electronic charts and publications instead of paper charts, maps and
Built by Arctech Helsinki for the Russian Ministry of Transport, the Icebreaking Multipurpose Emergency and Rescue Vessel Baltika is a first-of-its-kind
By Jonathan Saul LONDON, Feb 9 (Reuters) – A British-led initiative to create a back-up to satellite navigation systems for ships has been pulled after
by Jaquelyn Burton, (Coeval) So much of our time in the maritime industry – both afloat and ashore is devoted to planning. But, how much planning is
An Indonesian cargo ship has been banned from Australian waters for the second time in less than twelve months and following five detentions in just over 3
Royal Caribbean’s Anthem of the Seas is expected to return to Cape Liberty, New Jersey on Monday with major interior damage after the cruise
By Michael McDonald (Bloomberg) — Manuel Coronel Kautz isn’t a man who’s easily deterred. Good thing. Because as head of Nicaragua’s Canal
By Tony Capaccio (Bloomberg) — Two top senators on defense issues say U.S. Navy leaders should consider delaying deployment of the new Littoral Combat
One of the world’s biggest containerships remains hard aground in Germany’s Elbe River just outside the shipping channel leading to the port of
By Tony Tamuno and Paul Wallace (Bloomberg) — Nigeria’s navy foiled an attempt by pirates to hijack a container ship operated by A.P. Moeller-Maersk
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