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Latest shipping industry news

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
Iranian Navy to Escort Tankers Through Red Sea3 months 16 days ago
Added: Nov 09, 2016 07:49
In response to a rising threat of piracy and terrorism, Iran's Navy will be escorting all Iranian tankers in the waters off Somalia, in the the Bab al-Mandeb Strait and in the Red Sea. Read more
Source: Maritime Connector
Eagle Bulk Shipping Buys Ultramax Dry Bulker3 months 16 days ago
Added: Nov 08, 2016 11:59
Nasdaq-listed bulker owner and operator Eagle Bulk Shipping Inc. has bought a 61,000 dwt Ultramax dry bulk vessel constructed at Nantong COSCO Kawasaki Heavy Industries Engineering Co., Ltd. (NACKS). Read more
Source: Maritime Connector
Maersk Line, ports of Los Angeles and Long Beach partner to measure, reduce air pollution from ships3 months 16 days ago
Added: Nov 08, 2016 11:55
Maersk Line and the ports of Los Angeles and Long Beach are partnering to measure the environmental benefits of a $125 million upgrade for 12 Maersk container ships. This will involve the installation of high-tech equipment to track... Read more
Source: Maritime Connector
Cargo owners in flight to safety after Hanjin collapse, shipping lines say3 months 16 days ago
Added: Nov 08, 2016 11:52
Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co Ltd (117930.KS), top shipping executives said Read more
Source: Maritime Connector
INMEX SMM India 2017 to Provide Focused Access to A Promising Growth Market3 months 16 days ago
Added: Nov 08, 2016 09:36
The top event of South Asiaā€™s maritime industry is getting ready for its second round. Registration for individual exhibition spaces and national pavilions is now open, providing international exhibitors with a great opportunity to offer their expertise to a market waiting to be explored. Read more
Source: Maritime Connector
Prospects for a New Container Terminal at Halifax3 months 18 days ago
Added: Nov 07, 2016 07:51
News stories are circulating in Eastern Canada about a prospective new container terminal at Halifax, Canada, on the Dartmouth side of the inlet. An international transportation consultant has been engaged to evaluate the situation and present alternatives. Read more
Source: Maritime Connector
Charter owners and operators confront container marketā€™s ā€˜great divergenceā€™3 months 18 days ago
Added: Nov 07, 2016 07:38
The latest Container Shipping Forecaster from Maritime Strategies International highlights the contrasting fortunes of liner operators and tonnage providers. Read more
Source: Maritime Connector
Digital Ship The Maritime CIO Forum Bergen Announcement3 months 21 days ago
Added: Nov 04, 2016 09:13
The maritime industry is on the cusp of radical and far reaching advances in technology, and there are ever increasing factors for shipping companies to consider. Read more
Source: Maritime Connector
Knutsen Sells Suezmax Shuttle Tanker3 months 21 days ago
Added: Nov 04, 2016 08:43
Norwegian shipowner Knutsen NYK Offshore Tankers, a company established by Knutsen and Nippon Yusen Kaisha, has reached an agreement to sell its 2015-built Suezmax shuttle tanker for a price of USD 116.5 million, according to data provided by... Read more
Source: Maritime Connector
Diana Shipping Inc. Announces Cancellation of Shipbuilding Contract3 months 21 days ago
Added: Nov 04, 2016 08:39
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, this week announced that, through a wholly-owned subsidiary, it provided a notice of cancellation of the shipbuilding contract with... Read more
Source: Maritime Connector
Liverpool2 Official Opening Ceremony 3 months 21 days ago
Added: Nov 04, 2016 08:16
One of the worldā€™s most modern shipping terminals, Liverpool2, will be officially opened this week, at the Port of Liverpool by the Secretary of State for International Trade, Rt Hon Dr Liam Fox MP. Read more
Source: Maritime Connector
Energy Giant Shell Says Oil Demand Could Peak in Just Five Years3 months 21 days ago
Added: Nov 04, 2016 07:54
Royal Dutch Shell Plc, the worldā€™s second-biggest energy company by market value, thinks demand for oil could peak in as little as five years, a rare statement in an industry that commonly forecasts decades of growth. Read more
Source: Maritime Connector
Ocean Alliance Announces Day One Network3 months 21 days ago
Added: Nov 04, 2016 07:42
The members of the new Ocean Alliance, CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line, have announced their proposed ā€œday oneā€ trading network. Read more
Source: Maritime Connector
New Mobdock Reduces Rudder Repair Cost3 months 21 days ago
Added: Nov 04, 2016 07:34
The introduction of a new underwater habitat for rudder repairs is saving shipowners thousands of dollars in emergency drydocking costs, according to Hydrex Underwater Technologiesā€™ Production Executive Dave Bleyenberg. Read more
Source: Maritime Connector
Star Bulk Announces Date for the Release of Third Quarter 2016 Results, Conference Call and Webcast3 months 21 days ago
Added: Nov 04, 2016 07:24
Star Bulk Carriers Corp. this week announced that it will release its results for the third quarter ended September 30, 2016 after the market closes in New York on Monday, November 21, 2016... Read more
Source: Maritime Connector
U.N. Sustainable Development Goals (SDGs) and the Ocean Business Community3 months 21 days ago
Added: Nov 04, 2016 07:20
The World Ocean Councilā€™s Sustainable Ocean Summit (SOS) 2016 features a Plenary Session focusing on the SDGs and What They Mean for Ocean Industries. Read more
Source: Maritime Connector
Port of Oakland terminal OK to expand, could start in November3 months 22 days ago
Added: Nov 03, 2016 07:55
Work could begin next month to nearly double the size of the Port of Oaklandā€™s second-largest marine terminal. Read more
Source: Maritime Connector
Maerskā€™s Containership Suffers Engine Room Fire3 months 22 days ago
Added: Nov 03, 2016 07:43
The engine room of the 1998-built containership Maersk Patras caught fire in the early morning hours of November 1 while the vessel was off the coast of Las Palmas, en route to Conakry, Danish shipping firm Maersk Line confirmed. Read more
Source: Maritime Connector
LNG is Not a Greenhouse Gas Solution3 months 22 days ago
Added: Nov 03, 2016 07:31
LNG is not a panacea to reducing greenhouse gas emissions, and its increasing use as a marine fuel could be worse for the environment than burning heavy fuel... Read more
Source: Maritime Connector
Scandal Hits as South Korea Restructures Shipbuilding3 months 22 days ago
Added: Nov 03, 2016 07:22
South Korean president Park Geun-Hye has recently suffered a bizarre and damaging scandal, and in response she has decided to shake up her cabinet leadership ā€“ just as her government was poised to begin a sweeping intervention in the nation's troubled shipbuilding sector. Read more
Source: Maritime Connector
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