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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
Nakilat LNG Carrier Hit by Oil Tanker off Fujairah29 days 2 hours ago
Added: Feb 28, 2017 08:31
Two ballast tanks aboard the 121,946 dwt liquefied natural gas (LNG) carrier Al Khattiya were breached with a loss of some ballast water after the ship was hit by an oil tanker on February 23 off Fujairah, United Arab Emirates. Read more
Source: Maritime Connector
Oversupply Keeps January Vessel Orders at Record Low29 days 2 hours ago
Added: Feb 28, 2017 08:27
Global ordering activity has fallen to 26-year low in January 2017, shipbuilding data from Maritime & Trade by IHS Markit show. Read more
Source: Maritime Connector
Container Shipping Gets Much-Needed Boost29 days 3 hours ago
Added: Feb 28, 2017 08:04
The latest Container Shipping Forecaster from Maritime Strategies International reports that almost two months into 2017, the liner sector is finding itself in positive territory. Read more
Source: Maritime Connector
Gas / LNG Contracts: Structures, Pricing & Negotiation1 month 0 days ago
Added: Feb 27, 2017 10:11
Due to the complex geopolitical nature of gas/LNG sourcing and long term nature of gas transactions between buyers and sellers, it is commercially prudent for those involved in this process to know the global gas/LNG supply situation, available methodologies for... Read more
Source: Maritime Connector
Report: Banks at Risk Over Climate Change1 month 0 days ago
Added: Feb 27, 2017 09:28
Carbon War Room (CWR) and University Maritime Advisory Services in the U.K. have released research that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt. Read more
Source: Maritime Connector
The Baltic Sea: Europe’s Forgotten $80 Billion Oil Play?1 month 0 days ago
Added: Feb 27, 2017 09:24
The Baltic Sea is universally known as a pathway for oil and product transportation, but little is known of its production potential. Yet a recent flurry of activity in the Baltic offshore has stirred hopes that the best is yet to... Read more
Source: Maritime Connector
10th Arctic Shipping Summit - Registration is Closing This Friday1 month 0 days ago
Added: Feb 27, 2017 07:49
ACI’s 10th Arctic Shipping Summit will be taking place next week 8-9th March, 2017 in Montreal, Canada Read more
Source: Maritime Connector
10th Annual International Chemical and Oil Pollution Conference and Exhibition_1 month 0 days ago
Added: Feb 27, 2017 07:34
Organized by the Maritime and Port Authority of Singapore (MPA), the biennial International Chemical and Oil Pollution Conference and Exhibition (ICOPCE) returns for its 10th edition as Asia’s leading thought-leadership platform focusing on the... Read more
Source: Maritime Connector
Two Vessel Engineers Convicted of Environmental and Obstruction Crimes After Trial. Vessel Manager P1 month 3 days ago
Added: Feb 24, 2017 08:36
A federal jury in Charleston, South Carolina, this week convicted two chief engineers of the vessel, T/V Green Sky, of falsifying documents in order to conceal illegal discharges of... Read more
Source: Maritime Connector
Arbitration Court Clears DP World in Bribery Case1 month 3 days ago
Added: Feb 24, 2017 08:22
An arbitration court has cleared Dubai-based port operator DP World of bribery charges brought by the government of Djibouti. Read more
Source: Maritime Connector
Qingdao strives to become cruise home port of Northeast Asia1 month 3 days ago
Added: Feb 24, 2017 08:19
Qingdao, in East China's Shandong province, aims to become a home port for Northeast Asian cruises by 2020, hosting 400 cruise ships per year. Read more
Source: Maritime Connector
APM Terminals increases Port Elizabeth investment plans to USD $200 million in preparation for ultra1 month 3 days ago
Added: Feb 24, 2017 08:15
Alongside infrastructure improvement projects announced by the Port Authority NY/NJ, this investment will further enable global trade at the largest container terminal on the east coast of the United States. Read more
Source: Maritime Connector
Tanker Investments Locks Away Aframax on 1-Year Charter1 month 3 days ago
Added: Feb 24, 2017 08:07
Norway-based investment company Tanker Investments has secured a one-year time charter for one of its Aframax tankers and intends to look for additional time-charter opportunities. Read more
Source: Maritime Connector
Finnlines Posts Best Ever Annual Figures1 month 3 days ago
Added: Feb 24, 2017 07:54
The Finnlines Group delivered a record financial performance. For the fourth year in a row, we recorded an improvement in operating profit to date even though Europe’s economic growth has not... Read more
Source: Maritime Connector
Allegations of Sabotage at Port of Limassol1 month 3 days ago
Added: Feb 24, 2017 07:35
The controversy over the privatization of the Port of Limassol deepened this week when Cyprus' transport minister, Marios Demetriades, claimed that equipment at the facility had been vandalized before the handover to... Read more
Source: Maritime Connector
DRY BULK BACK FROM THE BRINK1 month 3 days ago
Added: Feb 23, 2017 12:15
Bulker Values in the last 12 months have hit rock bottom and are now looking to show considerable promise. 5-year-old handysize values are up by over 40%; as are 15-year-old Panamax and Supramax asset prices Read more
Source: Maritime Connector
Containership Deliveries: Turning A Corner?1 month 4 days ago
Added: Feb 23, 2017 08:43
Containership deliveries changed course in 2016, toppling from the record level of 1.7m TEU in 2015 to reach just 0.9m TEU, having previously increased each year between 2011 and... Read more
Source: Maritime Connector
80 LNG careers completed main boiler retrofit for Low Sulfur Fuel1 month 4 days ago
Added: Feb 23, 2017 08:00
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) has completed retrofit work for 80 vessels of LNGC for running on Low Sulfur Fuel. Read more
Source: Maritime Connector
Fincantieri signs $1.5 billion China cruise ship deal with Carnival1 month 4 days ago
Added: Feb 23, 2017 07:44
Italian shipbuilder Fincantieri (FCT.MI) and China State Shipbuilding Corp have agreed a $1.5 billion deal with Carnival Corp (CCL.N) to build two cruise ships for the... Read more
Source: Maritime Connector
World's largest sailing yacht impounded in Gibraltar1 month 4 days ago
Added: Feb 23, 2017 07:27
Taller than Big Ben and longer than 13 London buses, billionaire Russian‚Äôs ‚ā¨400m luxury vessel kept in dock over unpaid bills to shipbuilder Read more
Source: Maritime Connector
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