Maersk Line awarded a nine month charter worth US 8.6 million.

The US Department of Defence this week awarded Denmark-based Maersk Line a nine-month charter contract worth US$8.6 million.

Wärtsilä, the marine industry’s leading ship power system integrator, has received an award for supplier excellence from CNOOC, the China National Offshore Oil Corporation.

BW Gas Ltd., the world’s biggest shipper of liquefied petroleum gas, idled four tankers because rates plunged so low that each vessel was losing the company about $25,000 a day.

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