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Shipping and maritime news
Welcome to our new news section. Here you will find out what's going on in the business. News is updated as it's released from thousands of media sources.
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News Headlines
Trade may be flagging, global growth at risk: James Saft17 hours 58 minutes ago
Added: Jul 30, 2014 07:20
While most investors are transfixed by trying to anticipate the next jurisdiction-hopping, tax-driven merger, there are small but growing signs that global growth may be headed for a slowdown. Read more
Source: Maritime Connector
Costa Concordia captain Francesco Schettino says he made right choice18 hours 0 minutes ago
Added: Jul 30, 2014 07:17
The former captain of the Costa Concordia, Francesco Schettino, said the successful transfer of the stricken ship to Genoa shows he made the right decision about where to leave the ship when it hit rocks near the island of Giglio. Read more
Source: Maritime Connector
Azerbaijan to invest $301.4 million in construction of new semi-submersible rig18 hours 7 minutes ago
Added: Jul 30, 2014 07:11
Azerbaijan has allocated AZN 236.4 million (USD 301.4 million) from the State Oil Fund of Azerbaijan (SOFAR) for construction of a new generation drilling rig of DSSTM38M design, Trend reports citing the SOFAR press service. Read more
Source: Maritime Connector
Disclosure of Large Shareholdings18 hours 29 minutes ago
Added: Jul 30, 2014 06:48
Tor Olav Trøim has been employed by the Seatankers Group on a full-time basis since 1995. Mr. Trøim has, during this period, been an instrumental force in assisting the Seatankers Group in the transformation of Greenwich Holdings Ltd. (the parent in the Seatankers Group) from a shipping company focused on the tanker industry to a major investment company with significant direct and indirect holdings in more than 15 public and private companies covering a variety of industries. Read more
Source: Maritime Connector
"The Focus Is Shifting"18 hours 32 minutes ago
Added: Jul 30, 2014 06:46
Former Vice-Admiral and Commander-in-chief of the German Navy Hans-Joachim Stricker, President of the German Maritime Institute (DMI), belives that in terms of security the industry is headed in the right direction. But challenges remain Read more
Source: Maritime Connector
Seafarer Shot in the Neck by Pirates Off Malaysia1 day 18 hours ago
Added: Jul 29, 2014 07:03
Dryad Maritime has reported that 7 armed Indonesians boarded the anchored product tanker MT Ji Xiang around 2 nautical miles south of Teluk Ramunia, Johor, Malaysia at 2240 on Friday, 25 July. Read more
Source: Maritime Connector
Teens Helped Each Other Escape Sinking Korean Ship1 day 18 hours ago
Added: Jul 29, 2014 06:58
Students who survived the South Korean ferry disaster testified Monday they were repeatedly ordered by loudspeaker to stay in the sinking ship but eventually helped each other flee after finding their cabins were flooded too much. Read more
Source: Maritime Connector
UN sanctions operator of North Korean weapons ship seized by Panama1 day 18 hours ago
Added: Jul 29, 2014 06:57
The United Nations imposed sanctions on the North Korean shipping company that operates a ship seized by Panama in July 2013 for carrying undeclared military equipment from Cuba ordered all countries to freeze its assets. Read more
Source: Maritime Connector
Plans for 'Maritime Institute'1 day 18 hours ago
Added: Jul 29, 2014 06:55
The Maritime Institute of Eastern Mediterranean has submitted a proposal for Cyprus to set up its own Maritime Institute using EU funds in order to further build up the sector here. Read more
Source: Maritime Connector
Costa Concordia wreck enters Genoa port for scrapping2 days 17 hours ago
Added: Jul 28, 2014 07:47
The wrecked Italian cruise ship, the Costa Concordia, has entered the port of Genoa for scrapping after a two-year salvage operation. Read more
Source: Maritime Connector
Gas leak forces closure of Houston Ship Channel2 days 17 hours ago
Added: Jul 28, 2014 07:35
The Coast Guard says ammonia that leaked from a vessel forced the closure of the Houston Ship Channel and nearby bridges while sending four workers to a hospital. Read more
Source: Maritime Connector
Indians can buy ships abroad now2 days 17 hours ago
Added: Jul 28, 2014 07:33
A day after Prime Minister Narendra Modi held meeting with the secretaries of infrastructure departments, the ministry of shipping allowed Indian shipping companies to expand abroad by acquiring ships. Read more
Source: Maritime Connector
Arctic oil well blowout could spread more than 1,000 km: WWF study2 days 17 hours ago
Added: Jul 28, 2014 07:31
Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometers to the west coast of Alaska, a World Wildlife Fund study showed on Friday. Read more
Source: Maritime Connector
Mediterranean anchovies caught in North Sea at Walton Pier2 days 17 hours ago
Added: Jul 28, 2014 07:29
Shoals of fish that normally inhabit warm Mediterranean waters have been seen swimming in the North Sea off the Essex coast. Read more
Source: Maritime Connector
Ship operator fined $500K for discharge into ocean5 days 17 hours ago
Added: Jul 25, 2014 07:43
Federal prosecutors say the operator of a ship that discharged 34 metric tons of oily bilge water and waste sludge has been fined $500,000. Read more
Source: Maritime Connector
Updated Marine Oil Spill Response Strategy available for consultation5 days 17 hours ago
Added: Jul 25, 2014 07:41
Maritime New Zealand (MNZ) is inviting comment on its draft updated New Zealand Marine Oil Spill Response Strategy. Read more
Source: Maritime Connector
Defying allies, France to deliver first warship to Russia5 days 17 hours ago
Added: Jul 25, 2014 07:38
President Francois Hollande won broad domestic applause on Tuesday for defying allies Britain and the United States by confirming plans to deliver a helicopter carrier to Russia, with one backer dismissing the objections as hypocritical. Read more
Source: Maritime Connector
Chinese deals fail to affect Valemax berthing5 days 17 hours ago
Added: Jul 25, 2014 07:31
Vale's recent three deals with China does not mean that its mega ships can call at Chinese ports, China's largest shipowner, COSCO, stated earlier this week. Read more
Source: Maritime Connector
IMB reports worrying trend of small tanker hijacks in Southeast Asian waters5 days 17 hours ago
Added: Jul 25, 2014 07:28
The Piracy Reporting Centre (PRC) of the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) raises concerns over a worrying trend of small tanker hijacks in its 2014 half yearly report released on Tuesday. Read more
Source: Maritime Connector
Germany as a Maritime Location Endangered: VDR5 days 17 hours ago
Added: Jul 25, 2014 07:20
Germany, which currently is home to the world’s biggest container vessel fleet, will in future have fewer small shipping firms as European banks avoid the industry and American and Asian financiers focus on bigger peers, according to a report by PricewaterhouseCoopers (PwC) cited by shipping industry trade publication 'Maritime London' in its latest newsletter. Read more
Source: Maritime Connector
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