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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
Dry Bulk Shipping Recovery Remains a Long Way Off12 hours 41 minutes ago
Added: Sep 03, 2015 08:37
The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry. Read more
Source: Maritime Connector
Drunken Russian sailor could have caused major sea disaster in Humber on Bank Holiday Monday13 hours 2 minutes ago
Added: Sep 03, 2015 08:17
A drunken Russian sailor could have caused a major disaster at sea – because he had been drinking heavily while he was supposedly in charge of a ship. Read more
Source: Maritime Connector
Dorian LPG Ltd. Announces Delivery of the Commodore and the Cresques13 hours 17 minutes ago
Added: Sep 03, 2015 08:01
Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers, reported that it has taken delivery of the ECO VLGC Commodore from Hyundai Samho Heavy Industries and the ECO VLGC Cresques from Daewoo Shipbuilding and Marine Engineering ("DSME"). Read more
Source: Maritime Connector
Singapore Navy disrupts sea robbery, 3 arrested13 hours 29 minutes ago
Added: Sep 03, 2015 07:50
The Republic of Singapore Navy (RSN) disrupted a sea robbery on a Malaysian-flagged tugboat in the Singapore Strait on Tuesday (Sep 1). Read more
Source: Maritime Connector
CPO Japan inspected by a drone13 hours 54 minutes ago
Added: Sep 03, 2015 07:24
Several chemical tankers have been under repairs at Remontowa recently. These included Norwegian Blue Garnet (119 m long), Fjellstraum (100 m long) and Xanthia, Italian Granato (121 m), German CPO Japan (183 m long) and CPO India. Read more
Source: Maritime Connector
Hanjin Subic builds 1st Philippine-made LPG carrier14 hours 0 minutes ago
Added: Sep 03, 2015 07:18
Hanjin Heavy Industries and Construction-Philippines Ltd. (HHIC-Phil) announced on Tuesday it has recently built the first locally made carrier of liquefied petroleum gas (LPG) at its Redondo Peninsula facility in this free port. Read more
Source: Maritime Connector
Fleet Growth Threatens Product Tanker Earnings1 day 11 hours ago
Added: Sep 02, 2015 09:21
The product tanker market has enjoyed healthy returns in recent years on the back of structural changes taking place in trading patterns. However, impending fleet growth is expected to reduce the sector’s earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry. Read more
Source: Maritime Connector
Ferry deal set to create new jobs1 day 11 hours ago
Added: Sep 02, 2015 09:19
First Minister Nicola Sturgeon has confirmed Ferguson Marine Engineering Limited (FMEL) as the preferred tenderer for the contract to build two ferries for the Caledonian Maritime Assets Ltd’s (CMAL) fleet. Read more
Source: Maritime Connector
Greek Coast Guard Finds Weapons Shipment on Cargo Ship1 day 12 hours ago
Added: Sep 02, 2015 09:14
A Greek coast guard special unit raided a Bolivian-flagged freighter early Tuesday off the southern island of Crete and found a shipment of undeclared weapons apparently headed for Libya. Read more
Source: Maritime Connector
Indonesia arrests alleged mastermind behind Orkim Harmony tanker hijack1 day 12 hours ago
Added: Sep 02, 2015 08:28
Indonesian authorities on Tuesday said they had arrested the alleged financier and mastermind behind the hijacking of oil tanker Orkim Harmony in June, as well as two suspects in other piracy attacks. Read more
Source: Maritime Connector
General Dynamics NASSCO Launches Second Ship in Series of World’s First Natural Gas Powered Contai1 day 12 hours ago
Added: Sep 02, 2015 08:26
On Saturday, August 29, General Dynamics NASSCO launched the second ship in a series of the world’s first natural gas powered containerships. Read more
Source: Maritime Connector
Euronav: New USD 750 million facility1 day 13 hours ago
Added: Sep 02, 2015 08:14
The Executive Committee of Euronav NV announced that it has signed a new USD 750 million senior secured amortizing revolving credit facility led by DNB Bank ASA and Nordea Bank Norge ASA acting as Coordinators, Mandated Lead Arrangers and Bookrunners and ABN AMRO Bank NV, ING Bank NV and Skandinaviska Enskilda Banken AB acting as Mandated Lead Arrangers and Bookrunners and Crédit Agricole Corporate and Investment Bank acting as Lead Arranger whilst KBC Bank NV, Scotiabank Europe plc and Société Générale acting as Co-Arrangers. Read more
Source: Maritime Connector
Issue of recruitment to be discussed at offshore marine event as experts identify shortfall in marit2 days 9 hours ago
Added: Sep 01, 2015 12:11
Lack of well-qualified seagoing & shore-based personnel to be debated at 2015 Seatrade Offshore Marine & Work Boats conference as investment into the human element falls short of commitment to fleet and facilities development Read more
Source: Maritime Connector
Cargo ship and tanker in collision at sea2 days 12 hours ago
Added: Sep 01, 2015 08:46
Two ships with Orkney connections were at the centre of a major rescue operation at the weekend, following a collision between the Streamline chartered container ship Daroja and the fuel tanker Erin Wood. Read more
Source: Maritime Connector
BW LPG announces delivery of BW Libra2 days 13 hours ago
Added: Sep 01, 2015 08:12
BW LPG Limited is pleased to announce that it has today taken delivery of BW Libra, the fifth Very Large Gas Carrier (VLGC) in its newbuilding programme of eight VLGCs from HHI. Read more
Source: Maritime Connector
Salvage divers enter Sewol ferry2 days 13 hours ago
Added: Sep 01, 2015 08:06
Salvage divers working to hoist the capsized Sewol ferry have gained entry into the vessel. Read more
Source: Maritime Connector
Coast Guard evacuates injured Chinese national from a ship2 days 13 hours ago
Added: Sep 01, 2015 08:04
The Coast Guard personnel here have co-ordinated the evacuation of a Chinese national who needed medical treatment on a ship which was on passage from Port Al Jubail in Saudi Arabia to Singapore about 50 nautical miles off New Mangalore. Read more
Source: Maritime Connector
Rough year for shipping stocks2 days 13 hours ago
Added: Sep 01, 2015 08:01
US-listed shipping equities have partially recovered from recent lows, but remain sharply down for the year. Read more
Source: Maritime Connector
Hyundai Mipo Bags Gas Carrier Trio2 days 13 hours ago
Added: Sep 01, 2015 07:59
Ulsan-based shipbuilder Hyundai Mipo Dockyard has won an order for the construction of three gas carriers worth a total of KRW 166.5 billion (USD 140 million). Read more
Source: Maritime Connector
European LNG stakeholders to debate at the LNG Transport Forum3 days 9 hours ago
Added: Aug 31, 2015 12:18
LNG Transport Forum: European LNG market integration – the platform of communication within the LNG sector in Europe – created for gas industry will be held on 14-16 October 2015, in the Port of Valencia, Spain. Read more
Source: Maritime Connector
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