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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
Fire Erupts After Boxship Hits Gantry Crane in Port Said19 hours 29 minutes ago
Added: May 04, 2016 07:21
A fire broke out at Egypt’s Port Said last night after a container ship hit a gantry crane while leaving the Suez Canal Container Terminal (SCCT), a source who wished to remain anonymous told World Maritime News. Read more
Source: Maritime Connector
West Africa pirates switch to kidnapping crew as oil fetches less19 hours 35 minutes ago
Added: May 04, 2016 07:15
Pirate gangs in West Africa are switching to kidnapping sailors and demanding ransom rather than stealing oil cargoes as low oil prices have made crude harder to sell and less profitable, shipping officials said this week. Read more
Source: Maritime Connector
China's CNOOC adding new tanks to expand Fujian LNG terminal19 hours 39 minutes ago
Added: May 04, 2016 07:10
China's biggest liquefied natural gas (LNG) importer CNOOC has started building two storage tanks at a receiving terminal in Fujian province for the super-chilled fuel, the official Xinhua news agency reported this week. Read more
Source: Maritime Connector
Iran, South Korea Announce Oil & Gas Cooperation19 hours 44 minutes ago
Added: May 04, 2016 07:06
Iran and South Korea have announced multiple new oil and gas cooperation agreements coinciding with South Korean President Park Geun-hye's goodwill delegation to Tehran. Read more
Source: Maritime Connector
Philippine island rebels free 10 Indonesian hostages1 day 19 hours ago
Added: May 03, 2016 07:05
Islamist militants in the southern Philippines released 10 Indonesian hostages, ending a month-long ordeal during which a kidnapped Canadian held by the same group was beheaded after a ransom deadline passed. Read more
Source: Maritime Connector
Grounded Container Ship in Suez Canal Refloated1 day 19 hours ago
Added: May 03, 2016 06:56
The shipping agency GAC reports that the grounded 12,500 TEU container ship MSC Fabiola was refloated in the early hours of last week, and resumed her southbound journey on the Suez Canal with an escort of five tugs. Read more
Source: Maritime Connector
Northwest Seaport Alliance Joins Green Certification Program1 day 20 hours ago
Added: May 03, 2016 06:43
The Northwest Seaport Alliance, the port development authority for the ports of Seattle and Tacoma, announced that it has joined the Green Marine program, North America's largest voluntary environmental certification program for the maritime industry. Read more
Source: Maritime Connector
Nordic American Tankers to Add Four Suezmaxes1 day 20 hours ago
Added: May 03, 2016 06:36
Nordic American Tankers Limited announced this week that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard. Read more
Source: Maritime Connector
Breaking: EU Approves CMA CGM’s Acquisition of NOL2 days 20 hours ago
Added: May 02, 2016 06:45
French container shipping major CMA CGM announced this week that it has received approval from the European Commission for its pending USD 2.4 billion acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company. Read more
Source: Maritime Connector
First of Its Kind LNG-Fuelled Car Carrier Hits the Water5 days 18 hours ago
Added: Apr 29, 2016 08:16
Europe’s short sea RoRo operator United European Car Carriers (UECC) has launched its new dual-fuel liquefied natural gas (LNG) pure car and truck carrier (PCTC) TBN AUTO ECO. Read more
Source: Maritime Connector
HHI Axes Quarter of Its Executive Personnel5 days 18 hours ago
Added: Apr 29, 2016 08:07
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has laid off 25 per cent of its executives as a first step within the framework of its massive job-cutting plan, expected to include up to 3,000 jobs. Read more
Source: Maritime Connector
ABB and Cavotec join forces to offer shore-to-ship power solutions, boosting “green ports”5 days 18 hours ago
Added: Apr 29, 2016 08:04
ABB and Cavotec have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug into onshore power supply and shut down their engines, eliminating noxious emissions, noise and vibrations while berthed in ports that are often located in city surrounds. Read more
Source: Maritime Connector
ECSA looks forward to the improvement of the shipping conditions in the Arctic5 days 19 hours ago
Added: Apr 29, 2016 07:45
European shipowners believe that the three priority areas of the new EU Arctic Policy Communication published by the Commission this week address all topical Arctic matters. Climate change and environment, sustainable development and international cooperation in the Arctic are equally important. Read more
Source: Maritime Connector
Shell Cancels FLNG Order5 days 19 hours ago
Added: Apr 29, 2016 07:40
Samsung Heavy Industries has revealed that Shell cancelled a multi-billion order for three floating LNG (FLNG) units this week. Read more
Source: Maritime Connector
Encouraging Start of the Year for DP World5 days 19 hours ago
Added: Apr 29, 2016 07:37
Dubai’s port and terminal operator DP World closed the first quarter of this year with 15.5 million TEUs handled across its global portfolio of container terminals, with gross container volumes growing by 3.7% on a reported basis. Read more
Source: Maritime Connector
London Container Terminal and Grangemouth Container Terminal offer weighing solution for exporters5 days 19 hours ago
Added: Apr 29, 2016 07:25
Forth Ports has confirmed this week that, through significant investment in its straddle carrier fleet and IT development, the company will offer shippers a solution to determine the VGM (Verified Gross Mass) of export containers arriving at its terminals in Tilbury and Grangemouth, ensuring compliance with the updated provisions of SOLAS VI (Safety of Life at Sea). Read more
Source: Maritime Connector
Piracy: Violent Attacks on the Increase6 days 19 hours ago
Added: Apr 28, 2016 07:21
As piracy on the world’s seas continues to fall, new figures from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlight growing violence off the coast of West Africa, where 44 seafarers have been captured so far this year. Read more
Source: Maritime Connector
Scorpio Tankers Reaches 1st Quarter Forecasts6 days 19 hours ago
Added: Apr 28, 2016 07:18
Monaco-based tanker owner Scorpio Tankers has seen its net income for the first quarter of 2016 drop to USD 28 million, in line with forecasts, compared to a net income of USD 40.7 million reported in the corresponding period in 2015. Read more
Source: Maritime Connector
South Korea’s Biggest Shipbuilders Still in the Lead6 days 19 hours ago
Added: Apr 28, 2016 07:10
Despite the historically low level of newbuilding orders seen in 2015, and a continued weak ordering streak in 2016, the South Korea’s three largest shipbuilders, Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries, and Samsung Heavy Industries, still hold the largest... Read more
Source: Maritime Connector
First American LNG Shipment to Europe Reaches Port6 days 19 hours ago
Added: Apr 28, 2016 06:56
This week, the LNG Carrier Creole Spirit arrived in the port of Sines, Portugal, carrying the first shipment of American LNG from Cheniere's Sabine Pass facility to reach Europe. Read more
Source: Maritime Connector
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