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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
Substantial Demolition of Panamax Containerships 13 hours 14 minutes ago
Added: Jul 01, 2016 07:33
Demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of 2015... Read more
Source: Maritime Connector
NASSCO gets $3 billion to build six Navy ships13 hours 24 minutes ago
Added: Jul 01, 2016 07:23
The Navy will award General Dynamics-NASSCO about $3 billion to build six oiler ships in what could evolve into one of the largest contracts in the company’s... Read more
Source: Maritime Connector
Fincantieri Delivers Seven Seas Explorer Cruise Ship13 hours 33 minutes ago
Added: Jul 01, 2016 07:14
Miami-headquartered cruise line Regent Seven Seas Cruises, a brand of Norwegian Cruise Line Holdings, has taken delivery of a new cruise ship Seven Seas Explorer from the... Read more
Source: Maritime Connector
As VGM Takes Effect, U.S. Terminals Offer Weights13 hours 39 minutes ago
Added: Jul 01, 2016 07:08
The new SOLAS Verified Gross Mass container weighing regulation will go into effect this week– and in the United States, it appears the rollout may well occur without the disruption and delay that many had... Read more
Source: Maritime Connector
Royal Caribbean to Build New Terminal at PortMiami1 day 13 hours ago
Added: Jun 30, 2016 07:16
Royal Caribbean Cruises Ltd. said this week that it intends to build a new cruise terminal at PortMiami with pier space roomy enough to accommodate its largest ships, those of the 5,400 passenger Oasis class. Read more
Source: Maritime Connector
China Shipbuilding Selling Shares to Raise USD 586 Mn1 day 13 hours ago
Added: Jun 30, 2016 07:06
In an effort to reduce its debt, China Shipbuilding Industry Co. has revealed plans to raise some CNY 3.9 billion (USD 586.7 million) through the sale of 718 million of its shares, Bloomberg cited data from the... Read more
Source: Maritime Connector
Navies Move Forward With Unmanned Systems1 day 13 hours ago
Added: Jun 30, 2016 06:49
The navies of the U.S. and UK are making strides towards a future that is less manned and more automated, with drone devices on the surface, underwater and in the air to provide a wide variety of capabilities – from mine countermeasures to air strikes. Read more
Source: Maritime Connector
Atlantska Plovidba Cancels Order for Two Ultramaxes1 day 14 hours ago
Added: Jun 30, 2016 06:40
Croatian shipping company Atlantska Plovidba d.d. has reached an agreement with the Chinese shipbuilder CSC Qingshan Shipyard to terminate a contract for the construction of... Read more
Source: Maritime Connector
10 shipbreaking workers killed or severely injured in one month only2 days 13 hours ago
Added: Jun 29, 2016 07:00
At least five shipbreaking workers have been killed and five more severely injured in a series of fatal accidents in Bangladesh in one month only... Read more
Source: Maritime Connector
Significant Levels of PTSD From Piracy2 days 13 hours ago
Added: Jun 29, 2016 06:52
More than 3,000 seafarers have been held hostage by Somali pirates since 2001, and a significant, but unknown, number of seafarers have been kidnapped in other parts of the world. Around 40 are currently being held in captivity. Read more
Source: Maritime Connector
Oil and Freight Rates Put Maersk Under Pressure2 days 14 hours ago
Added: Jun 29, 2016 06:46
In an announcement this week, Saad Sherida Al-Kaabi, president and CEO of Qatar Petroleum said that Maersk Oil, the operator of the nation's offshore Al-Shaheen field for over two decades, had lost a bid to renew its lease for oil and gas production... Read more
Source: Maritime Connector
Hapag-Lloyd has agreed on merger terms with UASC2 days 14 hours ago
Added: Jun 29, 2016 06:37
German container shipping line Hapag Lloyd AG this week said it has reached an agreement on terms and conditions of a business combination agreement with... Read more
Source: Maritime Connector
Nordic Hamburg, Containerships to Build Eight Ships in China3 days 13 hours ago
Added: Jun 28, 2016 06:54
German-based Nordic Hamburg and the Finnish shipping firm Containerships have ordered up to eight short sea 1,400 TEU dual-fuel containerships at Chinese shipbuilder Huangpu Wenchong Shipyard. Read more
Source: Maritime Connector
Poten & Partners: Brexit Could Boost UK – EU Crude Oil Trades3 days 13 hours ago
Added: Jun 28, 2016 06:49
The UK’s vote to exit the European Union after being a member since 1973, could have a positive impact on the tanker market in terms of movement of oil products between the UK and EU countries, according to Poten & Partners. Read more
Source: Maritime Connector
The end of a seafaring nation? Britain faces massive sailor shortfall because youngsters won't go to4 days 7 hours ago
Added: Jun 27, 2016 13:13
Maritime industries face sailor shortfall because many ships don't have wifi... Read more
Source: Maritime Connector
Port Finance International Casablanca 20164 days 11 hours ago
Added: Jun 27, 2016 09:32
Returning to Morocco for the 3rd year running, PFI Casablanca 2016 will bring maritime, transport, infrastructure and industrial experts together to look at how Morocco is maintaining – and indeed enhancing - its position as a heavyweight hub for trade growth and logistics competitiveness. Read more
Source: Maritime Connector
The First Transit4 days 12 hours ago
Added: Jun 27, 2016 07:48
Last week, the inaugural transit of the Panama Canal Expansion began with the transit of Neopanamax vessel COSCO Shipping Panama through the new Atlantic-facing Agua Clara Locks. Read more
Source: Maritime Connector
Maersk welcomes the Panama Canal expansion4 days 13 hours ago
Added: Jun 27, 2016 07:27
Maersk Line likely to make increased use of the expanded Panama Canal and reroute one or more services with larger vessels to begin sailing through the new Panama Canal locks. Read more
Source: Maritime Connector
Algeria oil and gas output on the rise4 days 13 hours ago
Added: Jun 27, 2016 06:57
Algeria's oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at the North African OPEC member's existing fields, state energy company Sonatrach said last week. Read more
Source: Maritime Connector
Approaching Enforcement: Preparing for Compliance with IMO & USCG Regulations7 days 10 hours ago
Added: Jun 24, 2016 10:35
ACI’s 15th Ballast Water Management Summit will provide essential, expert guidance to shipowner/operators on how to prepare for and manage the BWT Systems in terms of selection, installation and technical operations, as well as advice on compliance, PSC and regulation once the convention is in place. Read more
Source: Maritime Connector
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