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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
Iran Adds More Offshore Gas Production3 years 6 months ago
Added: Jan 13, 2016 07:53
Iran’s Pars Oil and Gas announced Monday that it has inaugurated its offshore South Pars natural gas field phases 15 and 16. Read more
Source: Maritime Connector
Maersk hit by ‘toxic cocktail’ of low oil prices and slack box demand3 years 6 months ago
Added: Jan 13, 2016 07:45
It has been a very bad start to the year to Danish giant AP Moller-Maersk’s share price, dropping more than at any other time in the past two decades. And analysts are predicting worse is to come. Read more
Source: Maritime Connector
China Completes Second Mega-Cutter3 years 6 months ago
Added: Jan 12, 2016 08:05
China has built a second 12,000-ton displacement coast guard ship for patrol service in the South China Sea, reports Chinese Communist Party media outlet People’s Daily. Read more
Source: Maritime Connector
Gener8 Maritime, Inc. Announces Delivery of the Gener8 Apollo and the Gener8 Supreme3 years 6 months ago
Added: Jan 12, 2016 07:57
Gener8 Maritime, Inc., a leading U.S.-based provider of international seaborne crude oil transportation services, announced that it took delivery of the "ECO" VLCCs the Gener8 Apollo on January 5, 2016 and the Gener8 Supreme on January 6, 2016 from Daewoo Shipbuilding & Marine Engineering and Shanghai Waigaoqiao Shipbuilding Co., Ltd., respectively. Read more
Source: Maritime Connector
Massive ship damaged in Storm Desmond docks on Tyne for repairs3 years 6 months ago
Added: Jan 12, 2016 07:35
One of the largest ships to be impacted by Storm Desmond has been taken to A&P Group’s Tyneside yard for repairs. Read more
Source: Maritime Connector
Container Shipping Profitability to Deteriorate in 20163 years 6 months ago
Added: Jan 12, 2016 07:28
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global shipping consultancy Drewry. Read more
Source: Maritime Connector
First of Kind Diamond Exploration Vessel Launched3 years 6 months ago
Added: Jan 11, 2016 07:48
The De Beers Marine Namibia's diamond sampling and exploration vessel Nujoma was launched from the slipway at Kleven Verft in Ulsteinvik, Norway. Read more
Source: Maritime Connector
Navig8 Receives 18th Chemical Tanker3 years 6 months ago
Added: Jan 11, 2016 07:38
Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has taken delivery of the eighteenth IMO2 Interline-coated 37,000 dwt chemical tanker from Hyundai Mipo Dockyard. Read more
Source: Maritime Connector
China builds second 'monster' ship3 years 6 months ago
Added: Jan 11, 2016 07:34
China has finished building its second mega coast guard ship and will likely be deploying it in the South China Sea, according to Chinese media reports. Read more
Source: Maritime Connector
Canal consortium faces criminal complaint in Panama3 years 6 months ago
Added: Jan 11, 2016 07:28
The consortium responsible for the main Panama Canal expansion project is the subject of a criminal complaint in the Central American country for allegedly inflating its cost overrun claims. Read more
Source: Maritime Connector
Market for Unmanned Naval Vessels Projected to Grow3 years 7 months ago
Added: Jan 08, 2016 09:01
Analysts with the firm Research and Markets have forecast six percent growth over five years in the market for autonomous naval vessels, driven by military expansion, the increasing use of off-the-shelf components and research spending by government agencies like America's DARPA Read more
Source: Maritime Connector
Seamless Satellite Services Ready For...3 years 7 months ago
Added: Jan 08, 2016 08:50
Early this month, Inmarsat confirmed that global commercial service introduction has been achieved for its new Global Xpress (GX) constellation. The constellation consists of three Ka-band, high-speed mobile broadband communications satellites. Read more
Source: Maritime Connector
World's Largest Con/Ro Makes Inaugural Call at Halifax3 years 7 months ago
Added: Jan 08, 2016 08:34
The first of ACL's G4 class vehicle / container vessels, the Atlantic Star, made her inaugural port call at Halifax, Nova Scotia, catching the notice of local observers with her distinctive lines. Read more
Source: Maritime Connector
Loophole Discovered in Ballast Water Convention3 years 7 months ago
Added: Jan 08, 2016 08:24
While making fleet plans for ship owners for retrofitting of ballast water management system, we came by this interesting dilemma regarding the implementation dates of the D-2 standard, following Assembly Resolution A.1088 (28) dated January 28, 2014. Read more
Source: Maritime Connector
Crystal Serenity 2017 voyages reposition to North & South America3 years 7 months ago
Added: Jan 08, 2016 08:09
Crystal Cruises has announced that it will reposition one of its luxury ocean vessels in 2017, unveiling a new line-up of itineraries. Read more
Source: Maritime Connector
International Unions Keeping Close Watch on Australia’s MV Portland Dispute 3 years 7 months ago
Added: Jan 08, 2016 07:59
The ITF (International Transport Workers’ Federation) and its affiliated unions are keeping a close eye on the MV Portland dispute in south-eastern Australia, with key international unions now backing the local campaign to protect jobs. Read more
Source: Maritime Connector
Container shipping lines returning to Iran tread cautiously3 years 7 months ago
Added: Jan 08, 2016 07:50
The world's second biggest container shipping line, MSC, has become the latest firm to resume direct services to Iran, although trade remains cautious as Western sanctions are still in place and regional tensions escalate. Read more
Source: Maritime Connector
Republicans seek more naval resources amid South China Sea dispute3 years 7 months ago
Added: Jan 08, 2016 07:42
Tension over the South China Sea highlights the need for the United States to maintain a strong Navy to serve as a deterrent, U.S. House Speaker Paul Ryan said on Thursday, criticizing the Obama administration for proposals he said would reduce the U.S. naval fleet. Read more
Source: Maritime Connector
Drydocks World celebrates five star grading from British Safety Council3 years 7 months ago
Added: Jan 07, 2016 08:09
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, has received a five star rating from the British Safety Council for Occupational Health and Safety. Read more
Source: Maritime Connector
CASCADe Project Develops New Ship Bridge Designs3 years 7 months ago
Added: Jan 07, 2016 07:57
CASCADe, a three-year, EU-funded project, which is coming to a close, this month has developed new methodologies in which information is shared and displayed on a ship’s bridge, helping to improve efficiency on board and contribute towards the prevention of accidents at sea. Read more
Source: Maritime Connector
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