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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
Port of Tampa Bay receives 2 new gantry cranes to handle 9,000-TEU ships1 year 1 month ago
Added: Apr 08, 2016 07:29
The Port of Tampa Bay in Florida has taken delivery of two gantry cranes that cost US$24 million from Shanghai's ZPMC to handle mega ships that are expected to call with the opening of the expanded Panama Canal opening on June 26. Read more
Source: Maritime Connector
Triyards Earns More. Increases Orderbook1 year 1 month ago
Added: Apr 08, 2016 07:25
Singapore-based Triyards Holdings Limited has seen its net profit increase by 10% to USD 5.3 million for the second quarter ended February 29, 2016, compared to the USD 4.9 million recorded in same period a year earlier. Read more
Source: Maritime Connector
Scorpio’s Third MR Tanker Delivered to Bahri1 year 1 month ago
Added: Apr 08, 2016 07:22
The third out of five second-hand Medium Range tankers bought by the National Shipping Company of Saudi Arabia (Bahri) in February has joined the company’s fleet. Read more
Source: Maritime Connector
Qatargas and KPC sign 500,000 tonne LNG deal1 year 1 month ago
Added: Apr 08, 2016 07:19
Qatargas has signed a four year agreement with the Kuwait Petroleum Company to supply half a million tonnes of Liquefied Natural Gas. Read more
Source: Maritime Connector
MOL Announces New Hull Design1 year 1 month ago
Added: Apr 08, 2016 07:11
Mitsui O.S.K. Lines (MOL) has announced the hull design for its next-generation car carrier, Flexie, which will be built at Minaminippon Shipbuilding in Japan and delivered in 2017. Read more
Source: Maritime Connector
More positive box demand outlook1 year 1 month ago
Added: Apr 08, 2016 07:01
Container lines and vessel owners had nowhere to hide in Q1 2016 but forecaster Maritime Strategies International is more bullish on the demand outlook than its peers. Read more
Source: Maritime Connector
BDI Reaches New High in 20161 year 1 month ago
Added: Apr 08, 2016 06:43
As the dry bulk market is currently experiencing a slight recovery, the Baltic Dry Index (BDI) jumped by 13 points and reached 500 points on April 6, marking the highest level so far in 2016. Read more
Source: Maritime Connector
Offshore Mariculture Conference Day One Roundup1 year 1 month ago
Added: Apr 07, 2016 12:54
Conference Chairman, Alessandro Lovatelli, Aquaculture Office for the Food & Agriculture Organization of the United Nations (FAO) opened the 2016 Offshore Mariculture Conference (OMC), which is taking place in Barcelona from 6-7 April, to more than 110 delegates from across the world. Read more
Source: Maritime Connector
AAPA: American Ports Will Invest $150B By 20201 year 1 month ago
Added: Apr 07, 2016 07:19
In an announcement this week, the American Association of Port Authorities suggested that its member ports intend to spend over $150 billion in combined infrastructure investments by 2020 - contrasted with a "best-case" government investment in port-related freight infrastructure of only $25 billion over the same period. Read more
Source: Maritime Connector
BIMCO, GIIGNL issue Voyage Charter for LNG Trade1 year 1 month ago
Added: Apr 07, 2016 07:12
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY - designed for the expanding LNG spot market. Read more
Source: Maritime Connector
MSC Cruises orders another four ships from French yard1 year 1 month ago
Added: Apr 07, 2016 06:52
French shipyard STX has secured an order for up to four more ships from MSC Cruises, in a 3.6 billion-euro ($4.1 billion) deal announced this week. Read more
Source: Maritime Connector
Norway Says "Yes" to Unmanned Wellheads1 year 1 month ago
Added: Apr 07, 2016 06:42
The Norwegian Petroleum Directorate (NPD) has announced that it takes a positive view of unmanned wellhead platforms as an alternative development concept to subsea developments. Read more
Source: Maritime Connector
Indonesia Blows Up 23 Foreign Fishing Vessels1 year 1 month ago
Added: Apr 06, 2016 07:04
Indonesia's Maritime Affairs and Fisheries Ministry, in cooperation with the Navy and the National Police, blew up and sank 23 foreign fishing vessels caught operating illegally in Indonesian territorial waters. Read more
Source: Maritime Connector
DryShips Sells Three Vessels and Ocean Rig Shares To Reduce Debt Burden1 year 1 month ago
Added: Apr 06, 2016 06:59
DryShips, which owns dry bulk carriers and offshore support vessels, announced that it sold three of its vessels along with the associated bank debt to entities controlled by the company’s Chairman and CEO George Economou. Read more
Source: Maritime Connector
Panama Canal Announces Second Draft Restriction1 year 1 month ago
Added: Apr 06, 2016 06:51
The Panama Canal Authority (ACP) has issued a second draft restriction to take effect at the end of April, which will reduce the maximum tropical freshwater draft of transiting vessels to 38.5 feet, down from the standard 39.5 feet. Read more
Source: Maritime Connector
With New Ships Coming, Carnival Hires Thousands1 year 1 month ago
Added: Apr 06, 2016 06:45
In an announcement, cruise line conglomerate Carnival highlighted some of the thousands of crew positions it is seeking to fill as it brings ever more newbuilds into its fleet – welcome news to mariners as other sectors of the industry contract. Read more
Source: Maritime Connector
Scorpio Bulkers Scraps Deal for New Kamsarmax Bulker1 year 1 month ago
Added: Apr 05, 2016 07:07
NYSE-listed dry bulk owner and operator Scorpio Bulkers has reached an agreement to decrease its newbuilding orders by cancelling a shipbuilding contract for a Kamsarmax bulk carrier. Read more
Source: Maritime Connector
Iran Set on Injecting USD 2.5 Bn in Tanker Fleet1 year 1 month ago
Added: Apr 05, 2016 07:01
Iran is seeking an investment worth USD 2.5 billion to upgrade its oil tanker fleet as it gears up to restore pre-sanction shipping links. Read more
Source: Maritime Connector
Container Weighing Survey Update Reveals True State Of Implementation1 year 1 month ago
Added: Apr 05, 2016 06:49
The second round of FONASBA’s survey on the status of implementation of the amendments to SOLAS VI.2 shows that with just three months to go before the 1st July deadline, the situation varies widely across more than 50 countries represented in FONASBA membership. Read more
Source: Maritime Connector
Study: Fuel Costs Drive Fleet's Efficiency1 year 1 month ago
Added: Apr 05, 2016 06:39
A new study by consultants CE Delft for the Clean Shipping Coalition, published in time for the IMO's Marine Environmental Protection Committee meeting (MEPC 69) in mid-April, finds that market forces – in particular the price of fuel – are the most significant driver of vessel design efficiency for the global fleet, and that recent regulations have had relatively little impact. Read more
Source: Maritime Connector
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