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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
Japan ship firm pays $39 million to China after seizure9 hours 20 minutes ago
Added: Apr 24, 2014 07:14
Japanese shipping firm Mitsui O.S.K. Lines Ltd has paid about $39 million to a Chinese court towards securing the release of one of its ships which was seized over an alleged payments dispute dating back to World War Two, Japanese media reported on Thursday. Read more
Source: Maritime Connector
Hong Kong Receive BMT Maritime Strategic Study9 hours 21 minutes ago
Added: Apr 24, 2014 07:13
BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, says it has completed a major strategic study - “Enhancing Hong Kong’s Position as an International Maritime Centre (IMC)”, undertaken on behalf of the Hong Kong Transport and Housing Bureau. Read more
Source: Maritime Connector
Russia's Yamal LNG chooses gas carriers - report9 hours 25 minutes ago
Added: Apr 24, 2014 07:09
The Yamal LNG project in Russia's Arctic has chosen Russian Sovkomflot, Japan's Mitsui OSK and Canada's Teekay LNG to build gas carriers worth $5 billion, a daily newspaper reported on Wednesday. Read more
Source: Maritime Connector
Aker Solutions and Baker Hughes Form Subsea Production Alliance9 hours 28 minutes ago
Added: Apr 24, 2014 07:06
Oslo, Norway, and Houston, Texas - Aker Solutions ASA and Baker Hughes Incorporated (NYSE:BHI) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. Read more
Source: Maritime Connector
Scientists monitor huge iceberg that broke off from Antarctica9 hours 30 minutes ago
Added: Apr 24, 2014 07:04
Scientists are monitoring an iceberg roughly six times the size of Manhattan - one of the largest now in existence - that broke off from an Antarctic glacier and is heading into the open ocean. Read more
Source: Maritime Connector
Interview with Port of London Authority1 day 9 hours ago
Added: Apr 23, 2014 07:33
SMi’s 5th annual International Port Security conference takes place on the 4th and 5th June 2014, London, UK Read more
Source: Maritime Connector
Pre-Salt Exploration and Partnership investment in West Africa, to be discussed in June1 day 9 hours ago
Added: Apr 23, 2014 07:29
The West African oil market is undergoing a crucial period of growth. Exploring West Africa’s vast potential for commercial oil finds is now being realised, with majors and juniors striving to unlock the potential and capitalise on pre-salt plays. Read more
Source: Maritime Connector
Pirates raid Japanese oil tanker off Malaysia, kidnap three crew members1 day 9 hours ago
Added: Apr 23, 2014 06:55
Armed pirates raided a Japanese oil tanker off the coast of Malaysia and abducted three crew members, Malaysian maritime police said on Wednesday, underscoring increasing threats to shipping in one of the world's busiest waterways. Read more
Source: Maritime Connector
Calm, safe waters, but ill-fated Korean ferry may have been going too fast1 day 9 hours ago
Added: Apr 23, 2014 06:46
It should have been plain sailing for a South Korean ferry carrying hundreds of children and their teachers on an outing to the sub-tropical island of Jeju, an annual trip for Danwon High School. Read more
Source: Maritime Connector
Russia ships first oil from disputed offshore Arctic platform1 day 9 hours ago
Added: Apr 23, 2014 06:44
President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share. Read more
Source: Maritime Connector
Insight - Compensation battle rages four years after BP's U.S. oil spill1 day 9 hours ago
Added: Apr 23, 2014 06:41
Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over. Read more
Source: Maritime Connector
First sign of South Korea ferry disaster was call from a frightened boy2 days 8 hours ago
Added: Apr 22, 2014 08:05
The first distress call from a sinking South Korean ferry was made by a boy with a shaking voice, three minutes after the vessel made its fateful last turn. Read more
Source: Maritime Connector
Shippers Vapores, Hapag-Lloyd clear hurdle to merger deal2 days 8 hours ago
Added: Apr 22, 2014 07:58
A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores VAP.SN lent their support to the firm's merger with Germany's Hapag-Lloyd HPLG.UL, allowing the agreed deal to clear a hurdle. Read more
Source: Maritime Connector
Swire Pacific Offshore (SPO) celebrates the launch of its 8th D-Class vessel, Pacific Dragon on Good2 days 8 hours ago
Added: Apr 22, 2014 07:56
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the launch of its new D-Class vessel, Pacific Dragon on Good Friday. Read more
Source: Maritime Connector
Japan PM makes offering to Yasukuni Shrine, angers China, South Korea2 days 8 hours ago
Added: Apr 22, 2014 07:53
Japanese Prime Minister Shinzo Abe has sent a ritual offering to the Yasukuni Shrine, seen by critics as a symbol of Japan's past militarism, angering both South Korea and China on Monday and putting regional ties under further strain. Read more
Source: Maritime Connector
NOAA releases Arctic Action Plan2 days 8 hours ago
Added: Apr 22, 2014 07:48
Earlier this year, President Obama released a plan for moving forward on his national strategy to advance U.S. security and stewardship interests in the Arctic. Today, in keeping with the goals and tenets of his strategy, NOAA unveils its Arctic Action Plan—a document that provides NOAA scientists, stakeholders and partners a roadmap to make shared progress in monitoring, understanding, and protecting this vast, valuable, and vulnerable region. Read more
Source: Maritime Connector
4 MOL-operated/managed Vessels Selected as 2013 “Best Quality Ships”6 days 7 hours ago
Added: Apr 18, 2014 08:43
Mitsui O.S.K. Lines, Ltd. announced that the following four MOL-operated and managed vessels were selected for FY2013 “Best Quality Ship Award” (seven vessels receive awards) by the Japan Federation of Pilots’ Associations Read more
Source: Maritime Connector
Standard Club welcomes new Guardcon West Africa6 days 8 hours ago
Added: Apr 18, 2014 08:17
The Standard Club has praised Bimco’s adaptation of its Guardcon contract for use in security arrangements off West Africa. Read more
Source: Maritime Connector
German court sentences Somali pirate to 12 years for kidnapping6 days 8 hours ago
Added: Apr 18, 2014 08:03
A German court sentenced a Somali asylum-seeker to 12 years in jail on Thursday, for his involvement in the pirate hijacking of a tanker in the Indian Ocean in 2010. Read more
Source: Maritime Connector
Captain of Korean ferry may not have been on bridge6 days 8 hours ago
Added: Apr 18, 2014 07:57
South Korea's coastguard denied that divers had entered a capsized ferry on Friday in a bid to locate any survivors from an accident that appears to have claimed the lives of hundreds of passengers, many of them schoolchildren. Read more
Source: Maritime Connector
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