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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
Voluntary Announcement Rescheduling of Indebtedness of Jinhui Shipping and Transportation Limited24 days 21 hours ago
Added: Dec 29, 2016 19:51
Jinhui Shipping and Transportation Limited is pleased to announce that an intercreditor deed between the Company (as corporate guarantor), twenty five wholly-owned subsidiaries as borrowers of relevant vessel mortgage loans and four major lenders (as lenders of relevant vessel mortgage loans) was executed on 8 December 2016 and the effective date took place on 28 December 2016 after the conditions precedent had been fulfilled. Read more
Source: Maritime Connector
Italy's Fincantieri sole bidder for STX France -source25 days 23 hours ago
Added: Dec 28, 2016 18:10
Italian shipbuilding and construction group Fincantieri SpA is the only bidder for shipping group STX France, a source close to the matter said on Tuesday. Read more
Source: Maritime Connector
Asia's November imports of Iranian oil more than double from year ago25 days 23 hours ago
Added: Dec 28, 2016 18:08
Imports of crude oil by Iran's four major buyers in Asia in November more than doubled for a second straight month from a year ago, with purchases by India and South Korea more than four times higher. Read more
Source: Maritime Connector
RS issues the first Polar Ship Certificate25 days 23 hours ago
Added: Dec 28, 2016 18:05
The first Polar Ship Certificate was issued by the Russian Maritime Register of Shipping (RS). The document was released by Murmansk Branch on 22 December, 2016 in the port of Murmansk to the tanker Shturman Albanov, owned by SCF Group. Read more
Source: Maritime Connector
U.S. Coast Guard ends search for cruise ship passenger off New Jersey25 days 23 hours ago
Added: Dec 28, 2016 18:03
The U.S. Coast Guard has called off a search for a woman who went missing from the Queen Mary 2 cruise ship off the coast of New Jersey over the Christmas holiday weekend, a spokesman said on Wednesday. Read more
Source: Maritime Connector
Wallenius and Wilhelmsen one step closer to merging jointly owned investments and vessels26 days 21 hours ago
Added: Dec 27, 2016 20:26
Wallenius Lines and Wilh. Wilhelmsen Holding have signed an agreement leading to new ownership structure for their jointly owned investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll on Roll off Carrier as well as vessels. Read more
Source: Maritime Connector
Indonesian Navy catches six alleged pirates in Malacca Straits26 days 21 hours ago
Added: Dec 27, 2016 20:20
Six alleged pirates operating in the Malacca Straits were caught by Western Fleet Quick Response Team from the Indonesian Navy’s Tanjung Pinang base on Monday in Batam waters in Riau Islands. Read more
Source: Maritime Connector
Typhoon Nina causes three sea mishaps in Bicol, Southern Tagalog26 days 21 hours ago
Added: Dec 27, 2016 20:17
At least three separate incidents were reported by the Philippine Coast Guard (PCG) on Monday, due to the bad weather conditions brought about by Typhoon Nina. Read more
Source: Maritime Connector
Norwegian-controlled tanker fleet26 days 21 hours ago
Added: Dec 27, 2016 20:13
According to statistics from the Norwegian Shipowners’ Association, at the beginning of October 2016, Norwegian owners controlled a total of 360 internationally trading tankers Read more
Source: Maritime Connector
General cargo vessel Cabrera sank after grounding in Aegean Sea27 days 18 hours ago
Added: Dec 26, 2016 23:07
The general cargo vessel Cabrera sank after grounding in Aegean Sea at the coast of Andros Island, Greece. Read more
Source: Maritime Connector
Polar Code SOLAS applicability to US flag ships27 days 18 hours ago
Added: Dec 26, 2016 23:00
USCG has issued a policy letter which aims to clarify the applicability of the Polar Code’s safety provisions. USCG explains that the applicability of the Polar Code, which enters into force on January 1st 2017, is more complex than other Codes because it builds upon three conventions – SOLAS, several annexes of MARPOL and STCW. Read more
Source: Maritime Connector
Remember the seafarer, says ICS27 days 18 hours ago
Added: Dec 26, 2016 22:58
As we sit down with family and friends to enjoy the good things that the festive season will bring, Peter Hinchliffe, Secretary General of the International Chamber of Shipping (ICS) shares his thoughts for those men and women who make it possible. Read more
Source: Maritime Connector
Diana Shipping Inc. Announces Receipt of Full Refund Under Shipbuilding Contract27 days 18 hours ago
Added: Dec 26, 2016 22:55
Diana Shipping Inc. , a global shipping company specializing in the ownership of dry bulk vessels, announced last week that in connection with the previously announced cancellation of a shipbuilding contract for a Kamsarmax dry bulk carrier... Read more
Source: Maritime Connector
Loss of Tow Compounded by Organizational Problems1 month 1 day ago
Added: Dec 23, 2016 08:34
The Danish Maritime Accident Investigation Board has released its report into a loss of tow incident citing organizational factors contributed to the incident. Read more
Source: Maritime Connector
Navig8 Group announces that Oman Shipping Company SAOC intends to internalize the commercial managem1 month 1 day ago
Added: Dec 23, 2016 08:30
Navig8 Group (Navig8), the world’s largest provider of maritime services, this week announced that it has been advised by Oman Shipping Company SAOC (OSC), one of the leading international shipping companies owning and operating a well-diversified and young fleet of Read more
Source: Maritime Connector
Second Fire at Gadani, Grounding Closes Bosporus1 month 1 day ago
Added: Dec 23, 2016 08:26
This week, a fire broke out on a decommissioned LPG tanker at the Gadani shipbreaking yard in Pakistan. Local reports indicate that all workers on board were rescued, and the blaze was put out by afternoon. Read more
Source: Maritime Connector
Wilhelmsen, Wallenius One Step Closer to Merger1 month 1 day ago
Added: Dec 23, 2016 07:58
Norwegian rolling cargo shipping specialist Wilh. Wilhelmsen Holding (WWH) and Norwegian/Swedish shipping company Wallenius have signed an agreement leading to a new ownership structure for their jointly owned investments. Read more
Source: Maritime Connector
Mitsubishi Corporation Advances LNG Carrier Joint Venture for Cameron LNG Project1 month 1 day ago
Added: Dec 23, 2016 07:49
Mitsubishi Corporation (MC) is pleased to announce plans for a new LNG carrier to be deployed to its Cameron LNG Project in the US. Read more
Source: Maritime Connector
How Should Shipowners Prepare for Bunker Quality Disputes?1 month 1 day ago
Added: Dec 23, 2016 07:41
The Shipowners’ Club gave its members tips on how to be prepared for potential bunker quality dispute claims which have lately been on the rise. Read more
Source: Maritime Connector
Collision: Neither Vessel Keeping Proper Lookout1 month 1 day ago
Added: Dec 23, 2016 07:34
The U.K. Marine Accident Investigation Branch (MAIB) has released its report into the collision between a cargo ship and a bunker barge highlighting that neither vessel was keeping a proper lookout. Read more
Source: Maritime Connector
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