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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
Norwegian Cruise Line Holdings Reports Financial Results for the First Quarter 2017 -UK-IE-EU-6 months 12 days ago
Added: May 11, 2017 09:19
Norwegian Cruise Line Holdings Ltd. reported financial results for the first quarter ended 31 March 2017, and provided guidance for the second quarter and full year 2017. Read more
Source: Maritime Connector
Border Control and Migration Fatalities in the Mediterranean Sea6 months 12 days ago
Added: May 11, 2017 09:16
The tragedy of the migrant and refugee boat, reportedly carrying around 600 people, that capsized in the Mediterranean off the coast of Rosetta, Egypt in September 2016 was another dramatic scene to be added to the numerous and overwhelming images of migrants crammed on boats, risking their lives while crossing to Europe for the hope of a better life. Read more
Source: Maritime Connector
Libyan coastguard turns back nearly 500 migrants after altercation with NGO ship6 months 12 days ago
Added: May 11, 2017 09:05
Libya's coastguard said it had intercepted nearly 500 migrants packed onto a wooden boat and returned them to Tripoli on Wednesday after warning off a ship that was preparing to pick them up for passage to Europe. Read more
Source: Maritime Connector
Scrapping to determine the pace of recovery for tanker shipping market6 months 13 days ago
Added: May 10, 2017 11:32
Recovery in the crude tanker shipping market is not expected until 2020 as weak trade growth and a bloated orderbook limit any rate recovery. Read more
Source: Maritime Connector
Team Tankers International Ltd. Announces 1st Quarter 2017 Results6 months 13 days ago
Added: May 10, 2017 11:29
Team Tankers International Ltd. reported EBITDA for the 1st quarter of $4.3 million, compared with $2.7 million in the 4th quarter of 2016 (Q1'16: $14.2 million). Read more
Source: Maritime Connector
Moody's: Outlook for global shipping industry is stable; EBITDA to stay steady6 months 13 days ago
Added: May 10, 2017 11:27
Moody's Japan K.K. says that the outlook for the global shipping industry is stable, given that -- after excluding M&As and spinoffs -- the aggregate EBITDA of rated shipping companies will remain at similar levels in 2017 as last year. Read more
Source: Maritime Connector
Introducing Veristar AIM – a Bureau Veritas technology solution, powered by Dassault Systèmes6 months 13 days ago
Added: May 09, 2017 21:58
Veristar AIM3D is the evolution of Bureau Veritas' Asset Integrity Management services. Based on Dassault Systèmes 3DEXPERIENCE platform, the new solution combines a digital twin of any marine or offshore assets with smart data in a collaborative environment. Read more
Source: Maritime Connector
ICS Launches 2017 Annual Review6 months 13 days ago
Added: May 09, 2017 21:47
The International Chamber of Shipping has launched its latest Annual Review, ahead of the ICS Annual General Meeting in Istanbul next week. Read more
Source: Maritime Connector
DP World Statement About Incident at Jebel Ali Port6 months 13 days ago
Added: May 09, 2017 21:45
DP World confirms that an incident occurred on Thursday, 4 May at Jebel Ali Port, Terminal 1. While berthing, a CMA CGM container vessel collided with the harbour wall striking the leg of a quay crane causing it to fall Read more
Source: Maritime Connector
YARA and KONGSBERG enter into partnership to build world's first autonomous and zero emissions ship6 months 13 days ago
Added: May 09, 2017 21:39
The vessel "YARA Birkeland" will be the world's first fully electric and autonomous container ship, with zero emissions. Read more
Source: Maritime Connector
General cargo ship Fortuner sank off Philippines6 months 14 days ago
Added: May 09, 2017 08:35
The general cargo ship Fortuner sank on half a mile off Barangay Cansojong in Talisay City, southern Cebu, Philippines on Sunday morning. Read more
Source: Maritime Connector
Growth in chemical tanker fleet trading in chemicals and vegoils to outpace CPP fleet6 months 14 days ago
Added: May 09, 2017 08:26
Source: Maritime Connector
Jones Act tanker used to transport oil from Alaska's North Slope to retire -operator6 months 14 days ago
Added: May 09, 2017 08:19
The Alaskan Frontier, a Suezmax tanker typically used to transport Alaskan North Slope crude to West Coast refineries, is scheduled to retire, according to vessel operator Alaska Tanker Company. Read more
Source: Maritime Connector
Mergers at Jan De Nul Group6 months 14 days ago
Added: May 09, 2017 08:10
As from 9 May 2017, the subsidiaries Eraerts Dragages et Entreprises SA, Envisan International SA and Sol&Val SA will no longer exist within Jan De Nul Group. Eraerts Dragages et Entreprises SA based in Fleurus merges with Jan De Nul NV in Hofstade. Read more
Source: Maritime Connector
Golden Destiny Weekly Market Report, May 5th 2017, Week 18, Report No 18.176 months 15 days ago
Added: May 08, 2017 07:56
This Report/Analysis is distributed for the primary use of GOLDEN DESTINY’S subscribers and should not be redistributed to any third parties without the written consent of GOLDEN DESTINY. Read more
Source: Maritime Connector
Chinese navy ship that foiled pirate attack on bulk carrier hands over suspects to Somalia6 months 15 days ago
Added: May 08, 2017 07:47
Three Somali pirates who were suspected of attempting to hijack a cargo ship last month have been handed over to Somali authorities by a Chinese navy ship on Friday (5 May). Read more
Source: Maritime Connector
Protected Species Licence Call Over Firth Oil Transfers6 months 15 days ago
Added: May 08, 2017 07:37
Calls have been made for the Scottish Government to block a new application for ship to ship oil transfers in the Moray and Cromarty firths but ministers say it is a matter for Westminster. Read more
Source: Maritime Connector
Navios Maritime Partners L.P. Announces Acquisition of One Capesize Vessel6 months 15 days ago
Added: May 08, 2017 06:59
Navios Maritime Partners L.P. , an international owner and operator of drybulk and container vessels, announced that it has agreed to acquire one 2009 Japanese-built Capesize vessel of 180,274 dwt for a purchase price of $28.3 million. Read more
Source: Maritime Connector
Gaslog Ltd. Reports Financial Results for the Quarter Ended March 31, 20176 months 15 days ago
Added: May 08, 2017 06:57
GasLog Ltd. and its subsidiaries, an international owner, operator and manager of liquefied natural gas carriers, reported its financial results for the quarter ended March 31, 2017. Read more
Source: Maritime Connector
DHT Holdings, Inc. Board Unanimously Rejects Unimproved Proposal from Frontline6 months 15 days ago
Added: May 08, 2017 06:53
DHT Holdings, Inc. announced that its Board of Directors has unanimously rejected Frontline Ltd.'s April 25 proposal to acquire all of the outstanding shares of common stock of DHT at a ratio of 0.8 Frontline shares for each DHT share. Read more
Source: Maritime Connector
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