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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
CMA CGM Backs Down from Mega-Ship Deployment to Asia-US Trade1 year 1 month ago
Added: Apr 25, 2016 06:52
French container shipping company CMA CGM has decided to delay its deployment of 18,000 TEU mega-ships on the trade between Asia and the US West Coast, which was planned for the end of May. Read more
Source: Maritime Connector
Colombo sets sights on doubling box volume to 10 million TEU by 20201 year 1 month ago
Added: Apr 25, 2016 06:49
SRI LANKA's Colombo port authority (SLPA) is looking to grow its container handling volumes by developing the East Terminal, scheduled to open by April 2017, to facilitate its goal of handling 10 million TEU by 2020. Read more
Source: Maritime Connector
AET signs agreement to acquire 100% of Paramount Tankers1 year 1 month ago
Added: Apr 25, 2016 06:44
AET has agreed to purchase the remaining 50% of Paramount Tankers that it currently jointly owns (under a 50/50 joint venture agreement) with Golden Energy Tanker Holdings. Read more
Source: Maritime Connector
First methanol fueled tanker joins DNV GL fleet1 year 1 month ago
Added: Apr 22, 2016 07:38
Classification society DNV GL has welcomed the world's first methanol fueled oceangoing vessel to its fleet. Read more
Source: Maritime Connector
Hapag-Lloyd seeks tie-up with rival UASC as shipping depression deepens1 year 1 month ago
Added: Apr 22, 2016 07:31
Germany's Hapag-Lloyd (HLAG.DE) is in talks to merge with United Arab Shipping Company (UASC), representing the latest move in the container market to battle a faltering global economy and too many ships. Read more
Source: Maritime Connector
Hyundai Heavy Industries Plans to Cut 2,000 Jobs1 year 1 month ago
Added: Apr 22, 2016 07:27
This week, South Korea's Yonhap news agency reported that Hyundai Heavy Industries plans to cut about 2,000 positions this year, roughly 10 percent of its workforce. Read more
Source: Maritime Connector
Spotted: WWL Gets New HERO1 year 1 month ago
Added: Apr 22, 2016 07:24
Norwegian company Wallenius Wilhelmsen Logistics (WWL) has added another Post-Panamax vessel – the Theben. This RoRo (HERO) class vessel joins its two sisters Thalatta and Thermopylae. However, this is not the last one, says WWF. More RoRos are to follow soon. Read more
Source: Maritime Connector
Targeting Pirates' Boats, Nigeria Bans Big Outboards1 year 1 month ago
Added: Apr 22, 2016 07:12
In its attempt to combat a growing outbreak of piracy, hijackings and kidnappings in the Gulf of Guinea, the Nigerian Navy has decided to attack pirates' equipment: its officials have issued an outright ban on outboard engines in excess of 200 horsepower on the country’s coastal waters. Read more
Source: Maritime Connector
DP World Rolls Out VGM Weighing Service Worldwide1 year 1 month ago
Added: Apr 22, 2016 07:09
Container terminal giant DP World has announced that in addition to its previous plans to implement verified gross mass (VGM) weighing at its UK facilities, it will make comprehensive weighing solutions available – for a fee – at all of its locations worldwide, except where prohibited by local regulation. Read more
Source: Maritime Connector
Costamare Finds Work for Nine Ships in 1st Quarter1 year 1 month ago
Added: Apr 22, 2016 07:06
Despite a challenging container shipping market, the Athens-based containership owner Costamare Inc. managed to finds employment for nine of its ships during the first quarter of 2016. Read more
Source: Maritime Connector
Port of New Orleans joins the expert speaker line up at International Port Security 20161 year 1 month ago
Added: Apr 21, 2016 10:59
SMi Group reports: SMi are delighted to announce that Port of New Orleans will be speaking at International Port Security 2016 which takes places in London on the 1-2 June. Read more
Source: Maritime Connector
Report: Tug Owner to Pay USD 1 Mln Ransom for Kidnapped Crew1 year 1 month ago
Added: Apr 21, 2016 07:33
The owner of the hijacked tugboat Brahma 12 has agreed to pay a ransom in the amount of IDR 14.3 billion (USD 1 million) for the ten kidnapped crewmembers, according to the Indonesia’s newspaper Jakarta Globe. Read more
Source: Maritime Connector
Maritime Cybersecurity: The Old and New1 year 1 month ago
Added: Apr 21, 2016 07:29
Latin America has over 300 ports and with the expansion of the Panama Canal, which will double its capacity, almost complete, shipping and vessel traffic is top of mind. At the same time... Read more
Source: Maritime Connector
Bulk Carrier Fire: Emergency Response Ineffective1 year 1 month ago
Added: Apr 21, 2016 07:21
The Australian Transport Safety Bureau (ATSB) has released its analysis of the engine room fire on the bulk carrier Marigold, citing problems with the ship’s Halon fire suppression system and the port’s emergency response. Read more
Source: Maritime Connector
Ballast Water: Potential Discrimination on the Great Lakes1 year 1 month ago
Added: Apr 21, 2016 07:06
Stephen Brooks, President of the Chamber of Marine Commerce in Canada, believes ballast water management rules that are unachievable, impractical and discriminatory are being imposed by the U.S. EPA and the IMO on Canadian short sea ships that never leave the... Read more
Source: Maritime Connector
Fire and Explosion Kill Product Tanker Crewmember1 year 1 month ago
Added: Apr 20, 2016 07:10
On the evening this week, a fire and explosion aboard the product tanker No. 3 Heung-A Pioneer claimed the life of one crewmember and injured five others. Read more
Source: Maritime Connector
Third Tug Attacked by Pirates in Sulu Sea1 year 1 month ago
Added: Apr 20, 2016 07:05
Last week, the towing vessel TB Henry was hijacked and four of her crewmembers kidnapped off of Lahad Datu, Malaysia, near the intersection of Indonesian, Malaysian and Philippine... Read more
Source: Maritime Connector
Aker Solutions Strengthens Subsea Manufacturing in Brazil1 year 1 month ago
Added: Apr 20, 2016 07:01
Aker Solutions is formally opening its new subsea plant in Curitiba, designed to be a leading manufacturing and technology center to help drive developments of one of the world’s most important offshore oil and gas areas. Read more
Source: Maritime Connector
Spotted: Vroon Makes It Seven1 year 1 month ago
Added: Apr 20, 2016 06:58
We present you Gudali Express, the seventh and last from the batch of livestock carriers built by COSCO for Dutch shipping company Vroon which was launched this week at Chinese Cosco Guangdong Shipyard. Read more
Source: Maritime Connector
Car Carrier Goes Aground off Busan1 year 1 month ago
Added: Apr 19, 2016 06:46
The 2,800 dwt car carrier Ocean Tango (ex name Asian Ace) went aground in foul weather in Busan, South Korea yesterday, rupturing fuel tanks and releasing fuel oil into the water. Authorities have deployed a containment boom, and some 800 spill response workers and volunteers are attempting to control the pollution. The local weather conditions have hampered the response effort. Read more
Source: Maritime Connector
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