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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
DNV GL Highlights Research Underway5 years 1 month ago
Added: Jan 15, 2016 08:22
DNV GL has published a report on its research activities: Research Review 2015. The document summarizes strategic research and innovation within DNV GL. Read more
Source: Maritime Connector
Höegh increases service to Auckland, NZ5 years 1 month ago
Added: Jan 15, 2016 08:16
From 1st of February 2016 we will increase our sailing to Auckland, New Zealand on our Europe to Africa and Oceania service. From this date our customers can enjoy two vessel calls per month in to Auckland on the trade. Read more
Source: Maritime Connector
Maersk still biggest box carrier in 2016, but runs risk of overcapacity5 years 1 month ago
Added: Jan 15, 2016 08:10
Maersk Line still the largest container line in 2016, but is not immune to overcapacity and weak demand. Read more
Source: Maritime Connector
Rig firm Seadrill sees difficult market through 20175 years 1 month ago
Added: Jan 15, 2016 08:03
Offshore driller Seadrill sees a challenging market throughout 2017 as low crude prices and cost cuts amongst oil companies continue to push daily rate hires below cost break even. Read more
Source: Maritime Connector
NRF leads 100-member coalition in tackling port congestion 5 years 1 month ago
Added: Jan 15, 2016 07:54
Following up on last fall’s successful campaign to include a port performance statistics program in the federal long-term surface transportation bill, NRF today led a coalition of more than 100 groups in sending specific recommendations to the Department of Transportation today. Read more
Source: Maritime Connector
Singapore's 2015 container throughput falls 8.7pc to 30.9 million TEU5 years 1 month ago
Added: Jan 15, 2016 07:44
Singapore has suffered an 8.7 per cent year-on-year decline in container volume in 2015 to 30.9 million TEU reflecting the general downturn in the global shipping market. Read more
Source: Maritime Connector
Teekay Starts Building Six LNG Carriers5 years 1 month ago
Added: Jan 14, 2016 07:56
December was a pretty busy month for Teekay Corporation as keels for six LNG newbuildings were laid at Korean Daewoo Shipbuilding & Marine Engineering (DSME) shipyard. Read more
Source: Maritime Connector
Zero emissions featured with new Wärtsilä ferry concept5 years 1 month ago
Added: Jan 14, 2016 07:47
A complete concept for a series of innovative and cost effective shuttle ferries, featuring zero or low emissions, is being launched by Wärtsilä. Read more
Source: Maritime Connector
U.S., Australian LNG start-ups in 2016, but real LNG growth yet to come5 years 1 month ago
Added: Jan 14, 2016 07:36
Wood Mackenzie's latest review of the global LNG industry concludes that the market was characterized by weak Asian demand in 2015, with a year-on-year decline of 2%. As a result, many LNG players shifted their focus to developing markets and employing new regasification capacity. Read more
Source: Maritime Connector
Port of Singapore Offers Additional Savings to Container Carriers5 years 1 month ago
Added: Jan 14, 2016 07:31
The Maritime and Port Authority of Singapore (MPA) will be granting an additional 10 per cent concession on port dues for container vessels calling at the Port of Singapore from 15 January 2016, MPA. Read more
Source: Maritime Connector
Saga Cruises Confirms Cruise Ship Order at Meyer5 years 1 month ago
Added: Jan 13, 2016 08:10
British cruise line company Saga Cruises has signed a contract to build a 55,900gt cruise ship at German shipyard Meyer Werft, which includes an option for an additional cruise vessel. Read more
Source: Maritime Connector
‘Game changing’ drilling sensors set to tap into a world market5 years 1 month ago
Added: Jan 13, 2016 08:04
Innovative sensor technology is set to change the way mineral exploration teams collect geophysical data, for potentially 20,000 rigs around the world, after developments by researchers at the WA School of Mines within Curtin University. Read more
Source: Maritime Connector
Iran Adds More Offshore Gas Production5 years 1 month ago
Added: Jan 13, 2016 07:53
Iran’s Pars Oil and Gas announced Monday that it has inaugurated its offshore South Pars natural gas field phases 15 and 16. Read more
Source: Maritime Connector
Maersk hit by ‘toxic cocktail’ of low oil prices and slack box demand5 years 1 month ago
Added: Jan 13, 2016 07:45
It has been a very bad start to the year to Danish giant AP Moller-Maersk’s share price, dropping more than at any other time in the past two decades. And analysts are predicting worse is to come. Read more
Source: Maritime Connector
China Completes Second Mega-Cutter5 years 1 month ago
Added: Jan 12, 2016 08:05
China has built a second 12,000-ton displacement coast guard ship for patrol service in the South China Sea, reports Chinese Communist Party media outlet People’s Daily. Read more
Source: Maritime Connector
Gener8 Maritime, Inc. Announces Delivery of the Gener8 Apollo and the Gener8 Supreme5 years 1 month ago
Added: Jan 12, 2016 07:57
Gener8 Maritime, Inc., a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCCs the Gener8 Apollo on January 5, 2016 and the Gener8 Supreme on January 6, 2016 from Daewoo Shipbuilding & Marine Engineering and Shanghai Waigaoqiao Shipbuilding Co., Ltd., respectively. Read more
Source: Maritime Connector
Massive ship damaged in Storm Desmond docks on Tyne for repairs5 years 1 month ago
Added: Jan 12, 2016 07:35
One of the largest ships to be impacted by Storm Desmond has been taken to A&P Group’s Tyneside yard for repairs. Read more
Source: Maritime Connector
Container Shipping Profitability to Deteriorate in 20165 years 1 month ago
Added: Jan 12, 2016 07:28
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global shipping consultancy Drewry. Read more
Source: Maritime Connector
First of Kind Diamond Exploration Vessel Launched5 years 1 month ago
Added: Jan 11, 2016 07:48
The De Beers Marine Namibia's diamond sampling and exploration vessel Nujoma was launched from the slipway at Kleven Verft in Ulsteinvik, Norway. Read more
Source: Maritime Connector
Navig8 Receives 18th Chemical Tanker5 years 1 month ago
Added: Jan 11, 2016 07:38
Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has taken delivery of the eighteenth IMO2 Interline-coated 37,000 dwt chemical tanker from Hyundai Mipo Dockyard. Read more
Source: Maritime Connector
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