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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
Fincantieri signs $1.5 billion China cruise ship deal with Carnival48 years 0 months ago
Added: Jan 01, 1970 00:00
Italian shipbuilder Fincantieri (FCT.MI) and China State Shipbuilding Corp have agreed a $1.5 billion deal with Carnival Corp (CCL.N) to build two cruise ships for the... Read more
Source: Maritime Connector
World's largest sailing yacht impounded in Gibraltar48 years 0 months ago
Added: Jan 01, 1970 00:00
Taller than Big Ben and longer than 13 London buses, billionaire Russian‚Äôs ‚ā¨400m luxury vessel kept in dock over unpaid bills to shipbuilder Read more
Source: Maritime Connector
80 LNG careers completed main boiler retrofit for Low Sulfur Fuel48 years 0 months ago
Added: Jan 01, 1970 00:00
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) has completed retrofit work for 80 vessels of LNGC for running on Low Sulfur Fuel. Read more
Source: Maritime Connector
Containership Deliveries: Turning A Corner?48 years 0 months ago
Added: Jan 01, 1970 00:00
Containership deliveries changed course in 2016, toppling from the record level of 1.7m TEU in 2015 to reach just 0.9m TEU, having previously increased each year between 2011 and... Read more
Source: Maritime Connector
Allegations of Sabotage at Port of Limassol48 years 0 months ago
Added: Jan 01, 1970 00:00
The controversy over the privatization of the Port of Limassol deepened this week when Cyprus' transport minister, Marios Demetriades, claimed that equipment at the facility had been vandalized before the handover to... Read more
Source: Maritime Connector
DRY BULK BACK FROM THE BRINK48 years 0 months ago
Added: Jan 01, 1970 00:00
Bulker Values in the last 12 months have hit rock bottom and are now looking to show considerable promise. 5-year-old handysize values are up by over 40%; as are 15-year-old Panamax and Supramax asset prices Read more
Source: Maritime Connector
Finnlines Posts Best Ever Annual Figures48 years 0 months ago
Added: Jan 01, 1970 00:00
The Finnlines Group delivered a record financial performance. For the fourth year in a row, we recorded an improvement in operating profit to date even though Europe’s economic growth has not... Read more
Source: Maritime Connector
Tanker Investments Locks Away Aframax on 1-Year Charter48 years 0 months ago
Added: Jan 01, 1970 00:00
Norway-based investment company Tanker Investments has secured a one-year time charter for one of its Aframax tankers and intends to look for additional time-charter opportunities. Read more
Source: Maritime Connector
Two Vessel Engineers Convicted of Environmental and Obstruction Crimes After Trial. Vessel Manager P48 years 0 months ago
Added: Jan 01, 1970 00:00
A federal jury in Charleston, South Carolina, this week convicted two chief engineers of the vessel, T/V Green Sky, of falsifying documents in order to conceal illegal discharges of... Read more
Source: Maritime Connector
Arbitration Court Clears DP World in Bribery Case48 years 0 months ago
Added: Jan 01, 1970 00:00
An arbitration court has cleared Dubai-based port operator DP World of bribery charges brought by the government of Djibouti. Read more
Source: Maritime Connector
Qingdao strives to become cruise home port of Northeast Asia48 years 0 months ago
Added: Jan 01, 1970 00:00
Qingdao, in East China's Shandong province, aims to become a home port for Northeast Asian cruises by 2020, hosting 400 cruise ships per year. Read more
Source: Maritime Connector
APM Terminals increases Port Elizabeth investment plans to USD $200 million in preparation for ultra48 years 0 months ago
Added: Jan 01, 1970 00:00
Alongside infrastructure improvement projects announced by the Port Authority NY/NJ, this investment will further enable global trade at the largest container terminal on the east coast of the United States. Read more
Source: Maritime Connector
10th Annual International Chemical and Oil Pollution Conference and Exhibition_48 years 0 months ago
Added: Jan 01, 1970 00:00
Organized by the Maritime and Port Authority of Singapore (MPA), the biennial International Chemical and Oil Pollution Conference and Exhibition (ICOPCE) returns for its 10th edition as Asia’s leading thought-leadership platform focusing on the... Read more
Source: Maritime Connector
10th Arctic Shipping Summit - Registration is Closing This Friday48 years 0 months ago
Added: Jan 01, 1970 00:00
ACI’s 10th Arctic Shipping Summit will be taking place next week 8-9th March, 2017 in Montreal, Canada Read more
Source: Maritime Connector
Report: Banks at Risk Over Climate Change48 years 0 months ago
Added: Jan 01, 1970 00:00
Carbon War Room (CWR) and University Maritime Advisory Services in the U.K. have released research that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt. Read more
Source: Maritime Connector
The Baltic Sea: Europe’s Forgotten $80 Billion Oil Play?48 years 0 months ago
Added: Jan 01, 1970 00:00
The Baltic Sea is universally known as a pathway for oil and product transportation, but little is known of its production potential. Yet a recent flurry of activity in the Baltic offshore has stirred hopes that the best is yet to... Read more
Source: Maritime Connector
Gas / LNG Contracts: Structures, Pricing & Negotiation48 years 0 months ago
Added: Jan 01, 1970 00:00
Due to the complex geopolitical nature of gas/LNG sourcing and long term nature of gas transactions between buyers and sellers, it is commercially prudent for those involved in this process to know the global gas/LNG supply situation, available methodologies for... Read more
Source: Maritime Connector
Container Shipping Gets Much-Needed Boost48 years 0 months ago
Added: Jan 01, 1970 00:00
The latest Container Shipping Forecaster from Maritime Strategies International reports that almost two months into 2017, the liner sector is finding itself in positive territory. Read more
Source: Maritime Connector
Nakilat LNG Carrier Hit by Oil Tanker off Fujairah48 years 0 months ago
Added: Jan 01, 1970 00:00
Two ballast tanks aboard the 121,946 dwt liquefied natural gas (LNG) carrier Al Khattiya were breached with a loss of some ballast water after the ship was hit by an oil tanker on February 23 off Fujairah, United Arab Emirates. Read more
Source: Maritime Connector
Oversupply Keeps January Vessel Orders at Record Low48 years 0 months ago
Added: Jan 01, 1970 00:00
Global ordering activity has fallen to 26-year low in January 2017, shipbuilding data from Maritime & Trade by IHS Markit show. Read more
Source: Maritime Connector
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