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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
Captain and officer of Kuwaiti ship detained after deadly collision2 hours 6 minutes ago
Added: Dec 18, 2014 10:21
The captain and first officer of a Kuwaiti container ship have been detained for four days after their ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians, a public prosecutor said on Tuesday. Read more
Source: Maritime Connector
Somali piracy threat always on the horizon2 hours 10 minutes ago
Added: Dec 18, 2014 10:17
The name Captain Phillips is familiar to millions around the world. He was the subject of the 2013 Tom Hanks film about an American cargo ship skipper who was freed by US Navy Seals after being taken captive by Somali pirates in 2009. Read more
Source: Maritime Connector
Beirut court reverses Johnny Saadé victory over CMA CGM’s Jacques Saadé2 hours 13 minutes ago
Added: Dec 18, 2014 10:14
The Court of Beirut has upheld an appeal by CMA CGM chief Jacques Saadé against the decision taken earlier this month to freeze his company’s assets in Lebanon, following a successful appeal in a Syrian court by Mr Saadé ‘s younger brother, Johnny Saadé. Read more
Source: Maritime Connector
Scorpio Bulkers Inc. Announces Agreements to Modify and Sell Existing Shipbuilding Contracts for Six2 hours 27 minutes ago
Added: Dec 18, 2014 10:00
Scorpio Bulkers Inc. announced that it has reached agreements with shipyards in South Korea and Romania to modify six newbuilding contracts for Capesize bulk carriers... Read more
Source: Maritime Connector
Seafarer severely injured by a snapped line as ro-pax breaks moorings during storm2 hours 29 minutes ago
Added: Dec 18, 2014 09:58
A seafarer has been severely injured by a snapped line as a ro-pax broke its moorings in a storm. Read more
Source: Maritime Connector
NIMASA to spend N20bn on seafarers’ training2 hours 40 minutes ago
Added: Dec 18, 2014 09:47
The management of the Nigerian Maritime Administration and Safety Agency (NIMASA), stated that it planned to spend N20 billion in training seafarers from 2011 to 2015. Read more
Source: Maritime Connector
Shipping industry modifies clauses in contracts for Ebola risks1 day 3 hours ago
Added: Dec 17, 2014 08:46
Some of the shipping industry's biggest trade associations are modifying freight contracts to reduce commercial exposure for companies whose ships travel to countries affected by the Ebola outbreak and to protect crews from the deadly virus. Read more
Source: Maritime Connector
Maersk’s regional HQ loses tax suit1 day 3 hours ago
Added: Dec 17, 2014 08:37
The court of Tax Appeals (CTA) dismissed a bid by the Philippine-based regional back office of the Maersk Group to collect from the Philippine government almost P8 million in tax refund, saying the latter failed to meet a necessary requisite to back its claim. Read more
Source: Maritime Connector
Seychelles court of appeal acquits 3 suspected Somali pirates convicted of piracy1 day 3 hours ago
Added: Dec 17, 2014 08:34
The Seychelles Court of Appeal has acquitted and ordered the repatriation of 3 Somali pirates back to their homeland. Read more
Source: Maritime Connector
Sale of Golar Eskimo to Golar LNG Partners L.P.1 day 4 hours ago
Added: Dec 17, 2014 08:27
Golar LNG Limited announced that it has entered into an agreement to sell its ownership interests in the companies that will own and operate the floating storage and regasification unit ("FSRU") Golar Eskimo to Golar LNG Partners L.P. for a price of USD 390 million. Read more
Source: Maritime Connector
RINA Expands Into Canada1 day 4 hours ago
Added: Dec 17, 2014 08:23
Italy’s growing engineering, testing, marine services and ship classification group RINA has acquired a majority stake in Montreal-based marine survey company Hayes Stuart. The move gives RINA Services a platform for further expansion into the growing market in Canada. Read more
Source: Maritime Connector
ClassNK Register Tops 230 Million Gross Tons1 day 4 hours ago
Added: Dec 17, 2014 08:21
Leading classification society ClassNK (Chairman and President: Noboru Ueda) announced that its register topped 230 million gross tons for the first time at the end November 2014. Read more
Source: Maritime Connector
IACS develops new containership requirements post MOL Comfort2 days 3 hours ago
Added: Dec 16, 2014 08:53
IACS has developed two new unified requirements (URs) for containerships in response to the MOL Comfort casualty. Read more
Source: Maritime Connector
Demand for Tankers Outstripping Supply2 days 4 hours ago
Added: Dec 16, 2014 08:25
Stronger freight rates in the tanker market may bring about some positive trends for the first quarter of 2015, if lower oil prices can continue to generate higher demand for product tankers, BIMCO said. Read more
Source: Maritime Connector
Police seize cargo ship that hit tanker in Sundarbans2 days 4 hours ago
Added: Dec 16, 2014 08:22
The cargo vessel that hit an oil tanker in the Sundarbans has been seized from Narayanganj. Read more
Source: Maritime Connector
Tanker Investments Agrees to Acquire Six Modern Suezmax Tankers2 days 4 hours ago
Added: Dec 16, 2014 08:17
Tanker Investments Ltd. announced that it has agreed to acquire six, modern Suezmax tankers for an en bloc purchase price of USD 315 million. Read more
Source: Maritime Connector
New film shames 'dire' Black Sea conditions2 days 4 hours ago
Added: Dec 16, 2014 08:05
Unions from states surrounding the Black Sea are promoting a new film exposing the dire and disgraceful conditions under which many seafarers live – and die – there. Read more
Source: Maritime Connector
The Manpower Report 2015 is launched2 days 4 hours ago
Added: Dec 16, 2014 08:00
The Manpower Report 2015 was officially launched on 26 November at the 15th Asia-Pacific Manning and Training Conference in Manila. Read more
Source: Maritime Connector
Shipping confidence drops to two-year low as concern mounts over cost of regulation3 days 3 hours ago
Added: Dec 15, 2014 09:03
Overall confidence levels in the shipping industry fell during the three months to November 2014 to their lowest level for two years, according to our latest Shipping Confidence Survey. Read more
Source: Maritime Connector
MOL Comfort claims top $500m against Mitsubishi: Shipbuilder in the firing line but expected to figh3 days 3 hours ago
Added: Dec 15, 2014 08:59
MOL Comfort claims top $500m against Mitsubishi: Shipbuilder in the firing line but expected to fight to protect its reputation Read more
Source: Maritime Connector
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