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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
Shipping company Matson to pay Hawaii $15 million over molasses spill20 hours 37 minutes ago
Added: Jul 31, 2015 09:02
A U.S. shipping company has agreed to pay Hawaii more than $15 million to reimburse the state for the cost of cleanup and restoration following a massive molasses spill in Honolulu Harbor two years ago, officials said on Wednesday. Read more
Source: Maritime Connector
China Shipping Container Lines orders eight 13,500-TEU container ships20 hours 51 minutes ago
Added: Jul 31, 2015 08:48
China Shipping Container Lines (CSCL) has signed an agreement with Shanghai Jiangnan Changxing Shipbuilding for the construction of eight 13,500-TEUs containerships. Read more
Source: Maritime Connector
Matson Secures Attractive New Financing Arrangements20 hours 57 minutes ago
Added: Jul 31, 2015 08:42
Matson, Inc., a leading U.S. carrier in the Pacific, announced that it has entered into a private placement agreement pursuant to which Matson expects to issue $75 million of 30-year senior unsecured notes. Read more
Source: Maritime Connector
Vale concludes the sale of VLOCs to China Merchants21 hours 0 minutes ago
Added: Jul 31, 2015 08:39
Vale and China Merchants Energy Shipping Co. Ltd., a state-owned enterprise and one of the largest shipping operators worldwide, concluded the sale and purchase of four very large ore carriers of 400.000 tons deadweight owned and currently operated by Vale. Read more
Source: Maritime Connector
Obama urged to cancel Arctic drilling plans as standoff with Shell vessel ends21 hours 8 minutes ago
Added: Jul 31, 2015 08:32
The 26 Greenpeace USA activists that formed the 40-hour blockade stopping Shell’s icebreaker from leaving port have now come down from the St John’s Bridge in Portland, Oregon. Read more
Source: Maritime Connector
Funding agreed for Global Maritime Energy Efficiency Partnerships Project (GloMEEP)1 day 21 hours ago
Added: Jul 30, 2015 08:20
IMO, the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping. Read more
Source: Maritime Connector
Five vessels sink, one runs aground in South China1 day 21 hours ago
Added: Jul 30, 2015 08:16
Five Vietnam-flagged coal carriers sank and another ran aground on 27 July at the anchorage near South China's Qisha port. Read more
Source: Maritime Connector
Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2015, Agreements for Four1 day 21 hours ago
Added: Jul 30, 2015 08:10
Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2015. Read more
Source: Maritime Connector
ITF Seafarers' Trust announces welfare vehicle effectiveness survey1 day 22 hours ago
Added: Jul 30, 2015 07:26
The ITF Seafarers' Trust - which often pays for vehicles for seafarers' welfare bodies and missions - has announced it will be surveying their uses and effectiveness so as to use its grants as effectively as possible. Read more
Source: Maritime Connector
No crew deaths on UK vessels for first time in 50 years2 days 20 hours ago
Added: Jul 29, 2015 08:43
Last year saw the first time no seafarers died aboard UK flagged vessels over 100 gt, the Marine Accident Investigation Branch reported. Read more
Source: Maritime Connector
Delivery of the CMA CGM VASCO DE GAMA, 18,000 TEUs: CMA CGM’s largest vessel and biggest container2 days 21 hours ago
Added: Jul 29, 2015 08:29
The CMA CGM Group, a leading worldwide shipping group, is pleased to announce the delivery of the CMA CGM VASCO DE GAMA on July 27th by the Chinese shipyard China State Shipbuilding Corporation. Read more
Source: Maritime Connector
Turkish cargo ship Feyza Genç runaway from Maltese arrest2 days 21 hours ago
Added: Jul 29, 2015 08:26
General cargo vessel Feyza Genc fled Malta after Court issued a warrant for her arrest on July 24, for unpaid bunker bills totaling 45 818 euro. Read more
Source: Maritime Connector
Egypt to allow 24-hour access to East Port Said with new waterway2 days 21 hours ago
Added: Jul 29, 2015 07:46
Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a day by building a side channel near the Suez Canal, which will speed up shipping movements in the area. Read more
Source: Maritime Connector
Costa Cruises to Build Two Next-Generation Cruise Ships as part of Carnival Corporation's Multi-Bill2 days 22 hours ago
Added: Jul 29, 2015 07:02
Carnival Corporation & plc, the world's largest travel and leisure company, announced that its Italian brand, Costa Cruises, will build two new cruise ships as part of an agreement with Meyer Werft to construct four next-generation cruise ships with the largest guest capacity in the world. Read more
Source: Maritime Connector
Piracy analysis: EU Somali coastguard initiative delivers3 days 20 hours ago
Added: Jul 28, 2015 08:41
The EU's capacity building division has delivered more training and equipment to the Somali coastguard in Mogadishu, although experts warn that the trained officers should also be paid if maritime security efforts are not to fail. Read more
Source: Maritime Connector
Filipino recruiters banned from practising3 days 21 hours ago
Added: Jul 28, 2015 08:36
The licences of three Filipino recruiters were cancelled over the past month due to illegal behaviour, including misrepresentation and charging recruits. Read more
Source: Maritime Connector
20 Pinoy seafarers repatriated from stranded bulk carrier in Greece3 days 21 hours ago
Added: Jul 28, 2015 08:32
After several months, 20 of the 24 Filipino crew members of a stranded Panamanian-flagged bulk carrier in Greece are finally going home. Read more
Source: Maritime Connector
Shipbroker: Don't rush to build oil tankers3 days 21 hours ago
Added: Jul 28, 2015 08:22
Despite the positive sentiment surrounding oil tanker freight rates, caution should be exercised before building new ships, Italian shipbroker Banchero Costa cautioned. Read more
Source: Maritime Connector
Japan’s big three lines facing more car carrier investigations3 days 21 hours ago
Added: Jul 28, 2015 08:19
Japan’s big three shipping lines face more headaches from a spiralling car carrier price fixing row. Bloomberg is reporting Beijing is now investigating the trio – Nippon Yusen Kaisha (NYK), Mitsui OSK Lines (MOL) and Kawasaki Kisen Kaisha (K Line) – for their alleged price fixing. Read more
Source: Maritime Connector
Egypt holds trial run on second Suez Canal4 days 20 hours ago
Added: Jul 27, 2015 08:56
The first cargo ships have passed through Egypt's second Suez Canal, amid tight security, ahead of the new waterway's official opening next month. Read more
Source: Maritime Connector
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