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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
Businesses Ask FMC to Address Fees Charged When Port Disruptions Delay Pickup of Cargo Containers2 months 17 days ago
Added: Dec 08, 2016 07:22
The National Retail Federation and a coalition representing retailers, manufacturers, truckers, transportation intermediaries and other business groups today asked the Federal Maritime Commission to set new policy preventing terminal operators and ocean carriers from... Read more
Source: Maritime Connector
NCL Corporation Ltd. Announces the Pricing of $700,000,000 Senior Notes Offering2 months 18 days ago
Added: Dec 07, 2016 07:38
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd., announced this week that it entered into an agreement to sell $700.0 million aggregate principal amount of 4.750% senior unsecured notes... Read more
Source: Maritime Connector
Rise in Shipping Emissions Could Endanger Saving Efforts2 months 18 days ago
Added: Dec 07, 2016 07:32
Anticipated growth in shipping emissions could, along with emissions from aviation, undo nearly half of the savings expected to be made by the rest of transport in Europe by 2030, a new independent study shows. Read more
Source: Maritime Connector
ICS Hails Renewal of Anti-Piracy Mission off Somalia2 months 18 days ago
Added: Dec 07, 2016 07:24
This week, the International Chamber of Shipping hailed the renewal of the mandate for the EU's anti-piracy mission off Somalia, known as EUNAVFOR Operation Atalanta. Read more
Source: Maritime Connector
Dry Bulk Market Shows Solid Improvement2 months 18 days ago
Added: Dec 07, 2016 07:09
Bulker operators are seeing solid improvements after the record low day rates reached earlier this year: the Baltic Dry Index stood at nearly 1,200 this week, a fourfold increase over the levels reached in February 2016. Read more
Source: Maritime Connector
Hyundai Mipo to Build Bernhard Schulte’s LNG Bunkering Ship2 months 19 days ago
Added: Dec 06, 2016 07:45
South Korea’s shipbuilder Hyundai Mipo Dockyard (HMD) has entered into an agreement to build a 7,500 cbm liquefied natural gas (LNG) bunkering vessel for... Read more
Source: Maritime Connector
Houston Ship Channel reopens after damaged ship moved2 months 19 days ago
Added: Dec 06, 2016 07:37
The Houston Ship Channel, which links the busiest U.S. petrochemical port to the Gulf of Mexico, reopened this week afternoon after a fire-damaged ship blocking the waterway was moved to a... Read more
Source: Maritime Connector
Indian Navy Frigate Tips Over in Graving Dock2 months 19 days ago
Added: Dec 06, 2016 07:33
This week, the Indian Navy guided missile frigate Betwa fell over while undocking at the Mumbai naval yard's Cruiser Graving Dock. Read more
Source: Maritime Connector
GasLog Ltd. Announces Order of FSRU Long Lead Items for LNG Carrier Conversion2 months 19 days ago
Added: Dec 06, 2016 07:12
GasLog Ltd., an international owner, operator and manager of liquefied natural gas carriers, this week announces that Keppel Shipyard Limited has begun ordering long lead items required for the conversion of a GasLog or GasLog Partners LP LNG carrier to a floating storage and... Read more
Source: Maritime Connector
Pirates Take Three Russian Crew from Merchant Ship2 months 20 days ago
Added: Dec 05, 2016 08:08
Three crewmembers, citizens of Russia, were taken from the merchant vessel Saronic Breeze after the ship was hijacked off the coast of Cotonou, Benin last week, according to The Ministry of Foreign Affairs of the Russian Federation. Read more
Source: Maritime Connector
First Customized Wind Turbine Vessel Commissioned2 months 20 days ago
Added: Dec 05, 2016 08:03
Siemens has commissioned its first specialized transport vessel, the Rotra Vente, to transport the large nacelles used in offshore wind turbines. Read more
Source: Maritime Connector
Using Salt, Thermal Energy for Propulsion2 months 20 days ago
Added: Dec 05, 2016 07:54
The history of maritime propulsion includes many centuries of boats and ships being propelled by renewable, naturally occurring energy. Read more
Source: Maritime Connector
Chinese Market to affect the Global LNG2 months 20 days ago
Added: Dec 05, 2016 07:21
Global LNG business is mostly growing due to ongoing Asian demand growth. Taking a look into Europe, a firm growth in demand could also be seen, but it is dependent on Asia as well. Read more
Source: Maritime Connector
Saudi Arabia Lays Foundations for USD 4.3 Billion Maritime Complex2 months 23 days ago
Added: Dec 02, 2016 08:18
The inauguration ceremony of the King Salman Global Maritime Industries Complex was held at Ras Al-Khair, near Jubail in Saudi Arabia, this week, South Korean shipbuilder Hyundai Heavy Industries (HHI) informed. Read more
Source: Maritime Connector
Rolls-Royce Axes 800 More Jobs at Marine Business Unit, Puts Focus on Smart Ships2 months 23 days ago
Added: Dec 02, 2016 08:12
Rolls-Royce plans to lay off 800 more workers from it Marine business throughout 2016 and 2017 citing ”continuing weakness in the maritime market” as the reason for the third wave of job cuts at the division in less than a year. Read more
Source: Maritime Connector
Navig8 Product Tankers Inc. Takes Delivery of its Fifth Newbuilding Product Tanker from Guangzhou Sh2 months 23 days ago
Added: Dec 02, 2016 08:07
Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, this week announced that it has taken delivery of the... Read more
Source: Maritime Connector
Maersk Line A/S to acquire Hamburg SĂĽd2 months 23 days ago
Added: Dec 02, 2016 07:51
Mærsk A/S' subsidiary Maersk Line A/S (Maersk Line) and the Oetker Group have reached an agreement for Maersk Line to acquire the German container shipping line Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd). Read more
Source: Maritime Connector
Shell Hands Over Fourth LNG Carrier to Nakilat2 months 23 days ago
Added: Dec 02, 2016 07:48
Qatari liquefied natural gas (LNG) transport company Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Ghuwairiya from Shell Trading and Shipping Company Ltd. (STASCo), with effect from... Read more
Source: Maritime Connector
Diana Finds Work for Two Bulkers2 months 23 days ago
Added: Dec 02, 2016 07:42
Greek dry bulk shipping company Diana Shipping has entered into time charter contracts for its two vessels, the M/V Orleans and the M/V Melite, which are scheduled to start in December 2016. Read more
Source: Maritime Connector
Australian Detention for Food Waste Dumping2 months 23 days ago
Added: Dec 02, 2016 07:36
The Australian Maritime Safety Authority’s decision to detain a Hong Kong flagged container ship which dumped food waste in close proximity to Fraser Island in May was affirmed by the Administrative Appeals Tribunal at... Read more
Source: Maritime Connector
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