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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
IMO Video: Training for Ballast Water Sampling2 years 5 months ago
Added: Feb 12, 2016 09:02
The IMO has launched a video showing practical training on ballast water sampling and analysis as part of the organization’s efforts, under the GloBallast Partnerships Programme, to counter the threat to ecosystems by invasive species transported in the ballast water of ships. Read more
Source: Maritime Connector
Report: Container Shipping Giants to Settle with EU Commission on Price Hikes2 years 5 months ago
Added: Feb 12, 2016 08:59
Container shipping companies that are being investigated by the European Commission over a suspected breach of antitrust rules have agreed to settle with the Commission and change their pricing policies so as to avoid fines, Reuters reports citing sources familiar with the matter. Read more
Source: Maritime Connector
Volumes Continue to Grow at Port of Long Beach2 years 5 months ago
Added: Feb 12, 2016 08:49
The second-busiest container port in the United States, Port of Long Beach, has logged its seventh straight month of cargo increases, showing a 24.8 percent jump in container shipments in January of 2016, compared to the same month in 2015. Read more
Source: Maritime Connector
Petrobras international investors consider lawsuit in Netherlands2 years 5 months ago
Added: Feb 12, 2016 08:44
A group of international investors and law firms are seeking compensation from Brazil's state-led oil company Petrobras under European law for losses allegedly suffered as the result of a giant price-fixing, bribery and political kickback scandal. Read more
Source: Maritime Connector
Maersk to Help Ship Breakers2 years 5 months ago
Added: Feb 12, 2016 08:32
The Maersk Group has released a statement saying that it is determined to use its leverage to create more responsible ship recycling options. Read more
Source: Maritime Connector
Rosneft and Pietro Barbaro form international shipping venture2 years 5 months ago
Added: Feb 12, 2016 08:27
Italian owner Pietro Barbaro has further cemented ties with Russian energy major Rosneft with the signing today of a Memorandum of Understanding to form a joint international shipping venture. Read more
Source: Maritime Connector
Hyundai Heavy Wins First Order in 20162 years 5 months ago
Added: Feb 12, 2016 08:18
South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) has signed an agreement to build two 158,000 dwt Suezmax crude tankers for a Turkey-based shipping company Ditas Shipping. Read more
Source: Maritime Connector
ICS Co-ordinates Maritime Employers at Important ILO Meeting2 years 5 months ago
Added: Feb 12, 2016 07:58
The International Chamber of Shipping, as the Secretariat for the Shipowner Group at the International Labour Organization, co-ordinated employers’ representatives from over 20 national shipowners’ associations at the second meeting of the Special Tripartite Committee (STC) for the Maritime Labour Convention, 2006, held in Geneva from 8 to 10 February 2016. Read more
Source: Maritime Connector
ITF Releases Photos of Crewmen put at Risk2 years 5 months ago
Added: Feb 11, 2016 08:13
The International Transport Workers’ Federation (ITF) has released evidence of safety breaches on board what it calls a flag of convenience ship berthed alongside Pacific Aluminium’s new foreign charter vessel in Newcastle, Australia. Read more
Source: Maritime Connector
Maersk writes down oil assets, bleak outlook weighs2 years 5 months ago
Added: Feb 11, 2016 08:04
Denmark's A.P. Moller-Maersk tumbled to a loss of $2.5 billion in the last three months of 2015 after the shipping and energy group wrote down the value of its oil assets by the same amount. Read more
Source: Maritime Connector
BIMCO: Six VLCCs Mark Strong Delivery Start in 20162 years 5 months ago
Added: Feb 11, 2016 07:54
Six new Very Large Crude Carriers indicate that 2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, according to BIMCO. Read more
Source: Maritime Connector
Lloyd’s Open Form: the best option for the biggest incidents2 years 5 months ago
Added: Feb 11, 2016 07:51
As merchant ships get larger, as their cargoes expand in size and complexity and as their values escalate, the challenges facing salvors and wreck removers are multiplying. Read more
Source: Maritime Connector
Drewry: To Slow Steam or Not to Slow Steam?2 years 5 months ago
Added: Feb 10, 2016 07:58
Bunker prices are now at a low level not seen since the early 2000s and with much lower marine fuel prices big containerships’ cost advantages are dwindling, according to Drewry Maritime Advisors. Read more
Source: Maritime Connector
Nicaragua to build new $400m Caribbean port2 years 5 months ago
Added: Feb 10, 2016 07:49
In Nicaragua, the National Port Company (EPN) is planning to build a new terminal at Bilwi, Puerto Cabezas, to accommodate cargo from the north of the country that is currently handled by the ports of Limón, in Costa Rica, and Cortés, in Honduras. Read more
Source: Maritime Connector
Low oil prices driving risk and complexity within the marine fuel supply chain – says 20|20 Marine2 years 5 months ago
Added: Feb 10, 2016 07:43
Low cost of crude and cheap bunkers fuelling indecision amongst ship owners, stifling investment for refiners and physical fuel suppliers, and driving trader consolidation Read more
Source: Maritime Connector
Developing strategies to protect seaports from external and internal threats to be discussed at SMi2 years 5 months ago
Added: Feb 09, 2016 11:36
Registration is now open for SMi’s 7th annual International Port Security conference which will take place on the 1st and 2nd June 2016 in London, UK. Read more
Source: Maritime Connector
Cruise Ship Rides Out Severe Storm2 years 5 months ago
Added: Feb 09, 2016 07:58
Royal Caribbean's Anthem of the Seas departed Cape Liberty, NJ for Port Canaveral on Saturday, with 4,529 passengers and 1,616 crew aboard. On Sunday, she entered a rapidly developing, severe storm with sustained winds to 65 knots and seas in the range of 30 feet, centered off the Carolinas. Read more
Source: Maritime Connector
One Dead, Two Injured Due to Toxic Fumes aboard Tanker2 years 5 months ago
Added: Feb 09, 2016 07:52
One crew member died and two were hospitalized after they inhaled poisonous fumes while cleaning cargo tanks aboard a 2007-built chemical tanker Araz River on February 5, Italian media reported. Read more
Source: Maritime Connector
Republic of Georgia Selects Anaklia Development Consortium to Build a Deep Sea Port in Anaklia2 years 5 months ago
Added: Feb 09, 2016 07:47
Georgia’s Ministry of Economy & Sustainable Development today announced that the Anaklia Development Consortium LLC has been awarded the contract to build and develop a Deep Sea Port in Anaklia. The $2.5 billion project will establish a new maritime corridor between China and Europe, helping restore the historic Silk Road and stimulating national and regional economic growth. Read more
Source: Maritime Connector
Johan GÄRDIN from DNV·GL confirmed to speak at the 12th Offshore China Convention 20162 years 5 months ago
Added: Feb 08, 2016 10:01
During the past two years, although plunging oil prices have prompted a severe oil industry downturn, the long-term market outlook is still bright. China's government have issued national strategy called “One Belt, One Road” initiative and unveiled "Made in China 2025" plan to boost up the slowing Chinese economy. With no doubt, the offshore engineering industry will be beneficial a lot from these policies. Read more
Source: Maritime Connector
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