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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
Oil & Gas leaders are discussing future prospects in Nice1 month 25 days ago
Added: Nov 29, 2016 11:02
Oil & Gas leaders are meeting in France, Nice to discuss not only the future of natural gas but also the increasing demand of sustainable energy supply and ways of reducing greenhouse emissions. Read more
Source: Maritime Connector
Are VLCC Rates Headed Multi-Month Highs?1 month 25 days ago
Added: Nov 29, 2016 08:05
Freight rates for very large crude carriers (VLCCs), which rose to multi-month highs last week, could climb further if there is a flurry of pre-Christmas chartering activity, ship brokers said this week. Read more
Source: Maritime Connector
Maersk May Be Interested in Buying Hamburg Süd1 month 25 days ago
Added: Nov 29, 2016 08:01
Maersk Line may be looking to buy Hamburg Süd, the German-owned line focused on South American routes. It would be Maersk's first acquisition of an entire... Read more
Source: Maritime Connector
Bargain prices, rising cargo rates lift second-hand ship sales from the shallows1 month 25 days ago
Added: Nov 29, 2016 07:47
Sales of second-hand ships used to haul commodities such as iron ore, coal, grain and fertilizer have hit a seven-year high in 2016 as the industry creeps out of an eight-year downturn that has sunk several fleets of shippers. Read more
Source: Maritime Connector
WE Tech expands into Australia with energy-efficient solutions to Toll Shipping’s RORO vessels1 month 25 days ago
Added: Nov 29, 2016 07:39
WE Tech Solutions (WE Tech), a leading energy efficiency solutions provider in the marine industry, and The Switch, a technology specialist of permanent magnet machines for advanced marine drive trains, have been chosen to... Read more
Source: Maritime Connector
LMG Marin to Design LNG-Fueled Ferry for Mediterranean Sea1 month 26 days ago
Added: Nov 28, 2016 09:25
Italian shipowner Caronte & Tourist has selected the Bergen-based ship designer LMG Marine for the design of the company’s new liquefied natural gas (LNG)-fueled large double-ended ferry. Read more
Source: Maritime Connector
7 dead, 1 missing as waves hit New Zealand fishing boat1 month 26 days ago
Added: Nov 28, 2016 07:34
Seven people were killed and another person was missing after a chartered fishing boat disappeared from view in large waves at the entrance to a harbor near... Read more
Source: Maritime Connector
Fourth Newbuilding Joins Navig8 Chemical Tankers1 month 26 days ago
Added: Nov 28, 2016 07:26
Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of its fourth 49,000 dwt chemical tanker from... Read more
Source: Maritime Connector
Governor Wolf Announces $300 Million Investment for Port of Philadelphia to Double Container Capacit1 month 26 days ago
Added: Nov 28, 2016 07:21
Governor Tom Wolf announced a comprehensive Capital Investment Program at the Port of Philadelphia that will result in more than $300 million in investment in the Port’s infrastructure, warehousing, and... Read more
Source: Maritime Connector
Port of Amsterdam Marks First LNG Bunkering of an OGV1 month 29 days ago
Added: Nov 25, 2016 09:35
The Port of Amsterdam announced that the port has marked the first liquefied natural gas (LNG) bunkering of an ocean going vessel (OGV), FureTank's chemical and oil tanker Fure West. Read more
Source: Maritime Connector
MOL Moves into Offshore Vessel Support Field 1 month 29 days ago
Added: Nov 25, 2016 09:27
TOKYO-Mitsui O.S.K. Lines, Ltd. announced that it has teamed up with Mitsui & Co., Ltd., and AKOFS Offshore AS to purchase the subsea support vessel Skandi Santos from the... Read more
Source: Maritime Connector
Container Terminal Burchardkai Preparing for Mega-Ships1 month 29 days ago
Added: Nov 25, 2016 09:20
Container Terminal Burchardkai (CTB) at the Port of Hamburg, Germany, is introducing a new production and shift pattern model to prepare for the arrival of the first 20,000 TEU vessels scheduled for spring 2017 Read more
Source: Maritime Connector
Hyundai Merchant Marine preferred bidder for Hanjin Shipping's Spain terminal1 month 29 days ago
Added: Nov 25, 2016 08:58
South Korea's Hyundai Merchant Marine Co Ltd (HMM) said this week it was chosen as preferred bidder to buy a port terminal in Algeciras, Spain, partly owned by... Read more
Source: Maritime Connector
ESL Shipping Secures Funds for New LNG-Powered Bulkers1 month 29 days ago
Added: Nov 25, 2016 08:35
Finnish dry bulk shipping company ESL Shipping has entered into EUR 50 million (USD 52.9 million) agreements to finance its two 25,600 dwt Handy bulk carriers currently under construction at China’s Jinling Shipyard Nanjing. Read more
Source: Maritime Connector
Youngest Ever Containership Sent to Scrapyard1 month 29 days ago
Added: Nov 25, 2016 08:17
A landmark deal was undertaken today in the containership industry as the youngest ever containership was sent for demolition by Singapore’s Rickmers Marine Trust, according to... Read more
Source: Maritime Connector
Over 800 Exhibiting Companies At INMEX China1 month 29 days ago
Added: Nov 25, 2016 07:31
The definitive international maritime expo returns to China with exhibitors from over 20 countries showcasing extensive maritime products, services, and technology solutions. Read more
Source: Maritime Connector
3rd International Refining & Petrochemical Convention Vietnam 2017 (April 20th-21th, Hanoi, Vietnam)1 month 29 days ago
Added: Nov 25, 2016 07:11
Based on the massive success of inaugural Refining & Petrochemical Series Events previously, it is our great pleasure to present the 3rd International Refining & Petrochemical Convention Vietnam 2017 which is... Read more
Source: Maritime Connector
Nakilat Takes Over 3rd LNG Carrier Management from Shell2 months 0 days ago
Added: Nov 24, 2016 08:15
Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has assumed full ship management and operations of Q-Max liquefied natural gas (LNG) carrier Umm Slal from Shell Trading and Shipping Company Ltd. (STASCo) with... Read more
Source: Maritime Connector
BIMCO Adopts Ship Financing Term Sheet2 months 0 days ago
Added: Nov 24, 2016 07:40
The term sheet has been drafted as a short and simple standard for use in bilateral ship financing transactions concerning term loan facilities. It has been prepared in the well-known BIMCO format and is indicative/non-binding, as... Read more
Source: Maritime Connector
ExxonMobil joins Caledonia LNG project2 months 0 days ago
Added: Nov 24, 2016 07:32
U.S.-based energy giant ExxonMobil, signed an agreement with Babcock International Group, Bernhard Schulte Shipmanagement, Calor and Orkney Islands Council to collaborate in the... Read more
Source: Maritime Connector
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