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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
Another Second-Hand Bulker to Join Capital Maritime3 months 23 days ago
Added: Nov 02, 2016 07:56
Japan’s Nisshin Shipping has entered into an agreement to sell its 2012-built Capesize bulk carrier to Greek shipping firm Capital Maritime and Trading, according to data provided by... Read more
Source: Maritime Connector
MEPC Delays Ballast Water Treatment Decisions3 months 23 days ago
Added: Nov 02, 2016 07:46
As the entry into force of the Ballast Water Management Convention is set for the September 8, 2017, the topics on the agenda for the MEPC 70 earlier this month highlighted the urgency in finding certainty on two levels... Read more
Source: Maritime Connector
Twelve dead in huge blast at Pakistani ship-breaking yard3 months 23 days ago
Added: Nov 02, 2016 07:33
At least 12 Pakistani workers were killed and more than 50 injured after a huge blast ripped through an oil tanker at a ship-breaking yard, trapping others inside the vessel, local officials said. Read more
Source: Maritime Connector
Singapore Maritime Technology Conference and Exhibition (SMTC) 20173 months 23 days ago
Added: Nov 02, 2016 07:26
The biennial Singapore Maritime Technology Conference and Exhibition (SMTC) 2017 is organised by the Maritime and Port Authority of Singapore and would be held in conjunction with Singapore Maritime Week 2017. Read more
Source: Maritime Connector
DNV GL Innovation Day Singapore – What will shape the future of shipping3 months 24 days ago
Added: Oct 31, 2016 17:54
Drones, remote inspection technologies and insights on cybersecurity were some of the main topics discussed at the DNV GL Innovation Day in Singapore. Read more
Source: Maritime Connector
Capital Product Partners L.P. Announces Third Quarter 2016 Financial Results3 months 24 days ago
Added: Oct 31, 2016 17:48
Capital Product Partners L.P. Announces Third Quarter 2016 Financial Results, the Acquisition of the Product Tanker M/T 'Amor' and an Increase to Its Quarterly Distribution From the Fourth Quarter 2016 Onwards to $0.08 per Common Unit Read more
Source: Maritime Connector
Russia signs Chinese firm to build deepwater port on Arctic Circle edge3 months 24 days ago
Added: Oct 31, 2016 17:41
With global warming freeing northern seas from ice, Russia wants a new deepwater port on the edge of the Arctic Circle, and has signed up a Chinese company to build it. Read more
Source: Maritime Connector
China's COSCO warns of loss for year in still rough shipping lanes3 months 25 days ago
Added: Oct 30, 2016 19:48
Oct 28 China COSCO Holdings , owner of the world's fourth-largest container shipping fleet by capacity, warned of a loss for the year on Friday as it failed to capitalise on a market recovery in the third quarter. Read more
Source: Maritime Connector
Legal implications of Hanjin Shipping's collapse3 months 25 days ago
Added: Oct 30, 2016 19:45
The early ramifications of the insolvency of Hanjin Shipping, which entered Korean administration on 31 August, have been startling, but in some ways unsurprising given Hanjin’s position as the world’s seventh largest container line operator. Read more
Source: Maritime Connector
Concordia Maritime signs another sale & leaseback agreement – this time for the suezmax tanker Ste3 months 25 days ago
Added: Oct 30, 2016 19:42
Concordia Maritime is selling the Suezmax tanker Stena Supreme. The counterpart is one of Japan’s largest ship owning companies and senior debt funding will be provided by one of Japan’s “Mega Banks”. Read more
Source: Maritime Connector
Suez Canal in Talks With Big Ship Operators for Toll Payments in Advance3 months 25 days ago
Added: Oct 30, 2016 19:40
Egypt’s Suez Canal Authority is in talks with the world’s biggest container-shipping operators to change the way it charges tolls for crossing the waterway by levying charges for three or five years in advance, a senior executive said last week. Read more
Source: Maritime Connector
RIL raises $573 mn loan for 6 large ethane carriers3 months 28 days ago
Added: Oct 28, 2016 08:05
Reliance Industries this week said it has raised a term loan of USD 573 million to part finance construction of a six very large ships for transportation of ethane from the US. Read more
Source: Maritime Connector
Gener8 Maritime, Inc. Announces Delivery of the Gener8 Miltiades3 months 28 days ago
Added: Oct 28, 2016 07:50
Gener8 Maritime, Inc., a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCC the Gener8 Miltiades on... Read more
Source: Maritime Connector
ACP Dismisses ITF’s Privatization and Safety Claims3 months 28 days ago
Added: Oct 28, 2016 07:43
The Panama Canal Authority (ACP) has dismissed recent claims by the International Transport Workers’ Federation (ITF) over alleged privatization and safety in the Expanded Panama Canal, adding that it “is not privatizing any of its services.” Read more
Source: Maritime Connector
Hanjin Shipping vessel docks in Vancouver3 months 28 days ago
Added: Oct 28, 2016 07:39
A container vessel that spent months sitting off Canada's west coast due to the collapse of South Korea shipping company Hanjin docked in Vancouver on Thursday, according to union officials and ship tracking data. Read more
Source: Maritime Connector
Long-Term Container Rates May Improve in 20173 months 28 days ago
Added: Oct 28, 2016 07:25
Analysts with shipping data firm Xeneta believe that while it is too early to predict the containerized freight market for 2017, it is likely that long-term contract rates will be higher than what they were in 2016. Read more
Source: Maritime Connector
Petrobras' Transpetro unit cancels orders for 17 ships3 months 28 days ago
Added: Oct 28, 2016 07:19
The transportation unit of Brazil's state-controlled oil company Petroleo Brasileiro SA said this week that it planned to cancel orders for 17 tankers and other vessels designed to upgrade the largest shipping fleet in the Americas. Read more
Source: Maritime Connector
Digital Ship Athens 2016 Announces Agenda and Speaker Line-Up3 months 28 days ago
Added: Oct 28, 2016 06:49
Following the enormous success of last year's Digital Ship Athens, Digital Ship is pleased to announce our return to this shipping hub, with the 14th Digital Ship Athens conference and exhibition, taking place on 9 & 10 November at the Metropolitan Hotel. Read more
Source: Maritime Connector
10th Arctic Shipping Summit3 months 28 days ago
Added: Oct 28, 2016 06:21
ACI’s 10th Arctic Shipping Summit will be taking place 8-9th March, 2017 in Montreal, Canada. Read more
Source: Maritime Connector
LPG Europe Summit 2017, 1st – 2nd March, London, UK3 months 29 days ago
Added: Oct 27, 2016 06:44
ACI’s LPG Europe 2017 will bring together senior executives and experts from the LPG industry, as well as consultants, vehicle manufacturers and leading market analysts to discuss the latest challenges and developments within the LPG industry in Europe. Read more
Source: Maritime Connector
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