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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
Algoma Central Corporation Announces Cancellation of Croatian New Build Contracts1 day 0 hours ago
Added: Oct 15, 2018 06:17
Algoma Central Corporation, a leading provider of marine transportation services, this week announced that it has taken steps to cancel its ... Read more
Source: Maritime Connector
Panama Canal sets a new tonnage record3 days 23 hours ago
Added: Oct 12, 2018 06:42
The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), a 9.5 percent increase from the previous year. Read more
Source: Maritime Connector
NACC Alicudi – World’s 1st Cement Carrier with IMO Tier III Diesel Engines5 days 0 hours ago
Added: Oct 11, 2018 06:28
The 8,100 dwt NACC Alicudi has become the world’s first cement carrier equipped with IMO Tier III compliant diesel engines driving bulk handling... Read more
Source: Maritime Connector
Bay Ship and Yacht Wins Contract to Build First Hydrogen Fuel Cell Passenger Vesse5 days 21 hours ago
Added: Oct 10, 2018 08:53
Bay Ship and Yacht Co., based in Alameda, Calif., has won a contract to build the first hydrogen fuel cell passenger vessel in the U.S.A. for Golden Gate Zero Emission Marine (GGZEM), a Bay Area company on a... Read more
Source: Maritime Connector
Coast Guard Tows Tanker in Distress off Nantucket7 days 1 hour ago
Added: Oct 09, 2018 05:22
Tanker Feng Huang AO disabled by engine room fire... Read more
Source: Maritime Connector
Trade war threatens outlook for global shipping, warns new report11 days 14 hours ago
Added: Oct 04, 2018 16:06
Seaborne trade expanded by a healthy 4% in 2017, the fastest growth in five years, while UNCTAD forecasts similar growth this year, according to its Review of Maritime Transport 2018. Read more
Source: Maritime Connector
New LNG Vessel for Tokyo Gas Named12 days 0 hours ago
Added: Oct 04, 2018 06:04
This week, a naming ceremony for a new LNG vessel was held at the Tsu shipyard of Japan Marine United Corporation (JMU) in Tsu city, Japan. NYK and Tokyo LNG Tanker Co. Ltd.,a wholly owned subsidiary of Tokyo Gas Co. Ltd., have a long-term charter contract for this vessel. Read more
Source: Maritime Connector
The Challenge and Promise of India’s New Container Super-Port12 days 22 hours ago
Added: Oct 03, 2018 08:21
Inter-city transportation in India includes coastal shipping that carries freight at very competitive tariffs. While container ships of 23,000 TEUs are now entering international service between Asia and Europe, India has Read more
Source: Maritime Connector
Stolt-Nielsen Limited, Golar LNG Ltd and Höegh LNG Holdings Ltd Announce Joint $182 Million Investm14 days 11 hours ago
Added: Oct 01, 2018 18:32
Golar LNG Limited announced this week an investment of USD 24.75 million in Avenir LNG Ltd. The investment is part of a combined commitment of up to USD 182 million from... Read more
Source: Maritime Connector
With Ammonia, There's No “Chicken or Egg” Dilemma14 days 23 hours ago
Added: Oct 01, 2018 07:10
Ammonia has so far been a little-considered future fuel for shipping, but it's proponents say it's one that does not suffer from the “which comes first, the chicken or the egg” dilemma that has plagued the adoption of LNG as bunker fuel. Read more
Source: Maritime Connector
Port of San Diego Hit with Ransomware; Hackers Demanded Payment in Bitcoin17 days 21 hours ago
Added: Sep 28, 2018 09:15
The FBI and the Department of Homeland Security have been called in to investigate the matter Read more
Source: Maritime Connector
Equinor Inks Deal for Two Shuttle Tanker Newbuilds18 days 21 hours ago
Added: Sep 27, 2018 09:19
Norwegian oil major Equinor, formerly known as Statoil, has entered into contracts for two newbuilt shuttle tankers with the compatriot shipowner Knutsen NYK Offshore Tankers AS (Knutsen). Read more
Source: Maritime Connector
Does Europe Have Enough Shipbreaking Capacity?20 days 0 hours ago
Added: Sep 26, 2018 05:57
Under the EU Ship Recycling Regulation (SRR), vessels flagged in EU countries will have to be scrapped at EU-approved yards beginning next January. Read more
Source: Maritime Connector
Vinalines to build 2 terminals at $299 mln in Lach Huyen Port21 days 0 hours ago
Added: Sep 25, 2018 06:29
Nguyen Canh Tinh, director of the state-run Vietnam National Shipping Lines (Vinalines), said its subsidiary, Haiphong Port JSC, would build terminals No.3 and No.4 at the port, the company said in its press release. Read more
Source: Maritime Connector
Report: Pirates Kidnap 12 Crew off Nigeria21 days 21 hours ago
Added: Sep 24, 2018 08:53
Twelve crew members of a Swiss bulk carrier MV Glarus kidnapped off Nigeria. Read more
Source: Maritime Connector
Uljanik to Sell 3. Maj Shipyard24 days 18 hours ago
Added: Sep 21, 2018 11:52
Croatian shipbuilder Uljanik Group has devised a new plan as the struggling company seeks to raise cash. Read more
Source: Maritime Connector
ReCAAP ISC reports crew abduction in Sulu-Celebes Seas26 days 10 hours ago
Added: Sep 19, 2018 19:31
According to ReCAAP ISC, this week, one incident of abduction of crew of the fishing trawler, Sri Dewi 1, in Sulu-Celebes Seas took place. In addition the report presents two incidents of armed robbery against ships that happened in Venezuela and Ghana. Read more
Source: Maritime Connector
Too little too late, or too much too soon?27 days 11 hours ago
Added: Sep 18, 2018 18:50
Thirty-three new LNG vessels have been ordered so far in 2018, compared to 19 last year and just six in 2016. Read more
Source: Maritime Connector
Maersk Line introduces bunker surcharge for 2020 sulfur cap28 days 10 hours ago
Added: Sep 17, 2018 19:55
Maersk Line introduces a new bunker adjustment factor in an effort to recover some of the group's costs related to securing compliance with then upcoming 2020 sulfur cap. The new bunker factor will consist of two key elements. Read more
Source: Maritime Connector
UK Chamber: No Deal could limit the opportunities for UK seafarers28 days 22 hours ago
Added: Sep 17, 2018 07:38
A No-Deal Brexit would also potentially inconvenience operators of UK-flagged ships, the UK Chamber says Read more
Source: Maritime Connector
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