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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
EMSA Positive About Methanol and Ethanol1 year 4 months ago
Added: Jun 09, 2016 06:55
The European Maritime Safety Agency (EMSA) has issued a report on methanol and ethanol, saying they are good potential alternatives for reducing both the emissions and carbon footprint of ship operations. Read more
Source: Maritime Connector
Maersk ‘undermining its reputation’ with plan to circumvent environmental laws on ship recycling1 year 4 months ago
Added: Jun 08, 2016 07:17
The Maersk Group’s plan to avoid European environmental law on ship recycling by flagging ships to non-EU flags seriously undermines its credibility as a responsible ship operator, the Clean Shipping Coalition has said. Read more
Source: Maritime Connector
Ardmore Shipping Announces Agreement to Acquire Six Eco-Design MR Product/Chemical Tankers1 year 4 months ago
Added: Jun 08, 2016 06:52
Ardmore Shipping Corporation announced that it has reached agreement to acquire six modern, Eco-Design MR product/chemical tankers for an aggregate purchase price of $172.5 million. Read more
Source: Maritime Connector
COSCO Launches World's Largest Tanker Company1 year 4 months ago
Added: Jun 08, 2016 06:37
China COSCO Shipping officially launched the world's largest tanker company with a ceremony in Shanghai... Read more
Source: Maritime Connector
ACI’s 14th Vessel Efficiency & Fuel Management Summit1 year 4 months ago
Added: Jun 08, 2016 06:26
ACI’s 14th Vessel Efficiency & Fuel Management Summit will be taking place 23rd & 24th November, 2016 in Singapore. Read more
Source: Maritime Connector
DP World will build, operate Ecuador's first deepwater port1 year 4 months ago
Added: Jun 07, 2016 07:05
DP World Ltd will invest $1.2 billion to construct and operate Ecuador's first deepwater port, despite criticism of the lack of a public tender. Read more
Source: Maritime Connector
Ghana sees first LNG imports landing in early 20171 year 4 months ago
Added: Jun 07, 2016 07:02
Ghana expects to start importing liquefied natural gas (LNG) early next year, the acting chief executive of Ghana National Petroleum Corporation (GNPC) said on Monday, adding that it was in discussion with a range of traders. Read more
Source: Maritime Connector
DryShips doubts ability to stay in business1 year 4 months ago
Added: Jun 07, 2016 06:55
Dry bulk shipper DryShips Inc raised "substantial doubt" about its ability to stay in business after it defaulted on three bank facilities, hit by a prolonged downturn in commodity prices and low charter rates. Read more
Source: Maritime Connector
CMA CGM S.A. launches all-cash voluntary conditional general offer to acquire NOL1 year 4 months ago
Added: Jun 07, 2016 06:52
CMA CGM S.A., a global leader in container shipping, today launched an all-cash voluntary conditional general offer (Offer) for all outstanding shares of Neptune Orient Lines Limited (NOL) other than those it already owns, controls or has agreed to acquire. Read more
Source: Maritime Connector
Liberian Registry introduces cost-saving measures1 year 4 months ago
Added: Jun 06, 2016 07:11
The Liberian Registry has introduced a range of cost-saving provisions to help mitigate the burden and financial strain currently being placed on owners and operators of Liberian-flag vessels during the sustained economic downturn in the maritime and offshore sectors. Read more
Source: Maritime Connector
PSA Terminals All Set for Container Weighing1 year 4 months ago
Added: Jun 06, 2016 06:56
Singapore-based PSA Group of Terminals said that all its terminal facilities will be in full compliance with the implementation of the International Maritime Organisation (IMO) amendments to the International Convention for the Safety of Life at Sea (SOLAS) when it comes into effect on 1 July 2016. Read more
Source: Maritime Connector
Shipowners Sue Coast Guard Over Pilotage Rates1 year 4 months ago
Added: Jun 06, 2016 06:40
Six Canadian and European shipowners – Brochart, Spliethoff, Wagenborg, Polsteam, Fednav and Canfornav – have joined in a suit against the U.S. Coast Guard over pilotage fees on the St. Lawrence Seaway / Great Lakes, alleging that the USCG has not taken commercial needs properly into account in its latest review. Read more
Source: Maritime Connector
Asia Tankers-VLCC Rates Strengthen on June Charters1 year 4 months ago
Added: Jun 06, 2016 06:35
30-40 Mid-East VLCC cargoes still to be contracted for June; Posidonia shipping event next week in Greece may dampen activity. Read more
Source: Maritime Connector
Argentine Naval Vessel Collides with Tanker1 year 4 months ago
Added: Jun 03, 2016 07:56
Argentine media have reported a collision between the naval corvette ARA Espora and the merchant product tanker Saturn in a harbor near Bahia Blanca, Argentina. Read more
Source: Maritime Connector
Lithuanian Shipping Company’s Liquidation Starts1 year 4 months ago
Added: Jun 03, 2016 07:52
Klaipeda County Court has decided to declare the PC Lithuanian Shipping Company bankrupt and began the process of liquidation, the company said in a notice to creditors dated May 30. Read more
Source: Maritime Connector
Royal Caribbean to Sell Legend of the Seas1 year 4 months ago
Added: Jun 03, 2016 07:47
Royal Caribbean Cruises Ltd. announced that it has entered into an agreement to sell its cruise ship Legend of the Seas to Thomson Cruises in the spring of 2017. Read more
Source: Maritime Connector
Suezmax Chartering Joint Venture Announced1 year 4 months ago
Added: Jun 03, 2016 07:38
Shipping companies Euronav, Diamond S Management and Frontline have formed a commercial joint venture involving 43 Suezmax vessels, including newbuildings, operated on the spot market. Read more
Source: Maritime Connector
ESPO launches Code of Good Practices for Cruise and Ferry Ports1 year 4 months ago
Added: Jun 03, 2016 07:22
The European Sea Ports Organisation has launched the ESPO Code of Good Practices for Cruise and Ferry Ports today. This code has been developed by ESPO together with Cruise Baltic, Cruise Europe, Cruise Norway, MedCruise and Cruise Britain, who since September 2014 have been part of the Cruise and Ferry Port Network. Read more
Source: Maritime Connector
Cash Deprived Venezuela Can’t Pay For Oil Imports, Leaving Tankers Stranded1 year 4 months ago
Added: Jun 03, 2016 07:04
Venezuela’s financial problems have become so acute that it is having trouble paying for the crude oil imports that it needs. Reuters reports that four oil tankers carrying more than 2 million barrels of oil are sitting off the Venezuelan coast because... Read more
Source: Maritime Connector
Six More Ships Head to Bangladeshi Shipbreaking Yards1 year 4 months ago
Added: Jun 03, 2016 06:58
A total of six vessels will soon land on the beaches of the substandard South Asian shipbreaking yards in Bangladesh as a number of owners sold their ships to scrap on June 1, according to data provided by VesselsValue. Read more
Source: Maritime Connector
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