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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
India’s shipbuilding ambitions get a fresh lease of life3 years 5 months ago
Added: Dec 21, 2015 08:32
With the government giving its full backing to the industry as part of a larger plan to boost manufacturing, it’s time for shipbuilders to start delivering. Read more
Source: Maritime Connector
Inauguration of expanded Panama Canal to be delayed, administrator says3 years 5 months ago
Added: Dec 21, 2015 08:29
The inauguration of an expanded Panama Canal, previously scheduled for April, will be postponed due to cracks detected in the new set of locks that are the centerpiece of the $5.25 billion overhaul, the interoceanic waterway's chief administrator said Friday. Read more
Source: Maritime Connector
World's largest container ship visits Southampton3 years 5 months ago
Added: Dec 18, 2015 08:30
IT IS 385 metres long, can carry more than 19,000 containers, and has made its maiden call to Southampton. Read more
Source: Maritime Connector
Freighter Sinks in the Straits of Singapore3 years 5 months ago
Added: Dec 18, 2015 08:24
The Antigua-flagged freighter Thorco Cloud went down following a collision on Wednesday with the chemical tanker Stolt Commitment in the Singapore Strait, six nm north of Batam. Read more
Source: Maritime Connector
Container Ship Loads New TEU Record3 years 5 months ago
Added: Dec 18, 2015 08:15
United Arab Shipping Company (UASC) announced that it had loaded what it described as a record-breaking 18,600 TEUs on board its ULCV container ship Al Muraykh, just 200 shy of her maximum rated capacity. Read more
Source: Maritime Connector
Avance Gas Withdraws Bid for Aurora LPG3 years 5 months ago
Added: Dec 18, 2015 08:07
The offer period of Avance Gas Holding’s USD 200 million takeover bid to acquire all the issued and outstanding shares in Aurora LPG Holding ASA (Aurora LPG) expired on 16 December 2015 at 16:30 hours (CET). Read more
Source: Maritime Connector
NWSA Sees Ninth Straight Month of Growth3 years 5 months ago
Added: Dec 18, 2015 08:01
The Northwest Seaport Alliance, a marine cargo operating partnership of the ports of Seattle and Tacoma, saw container volumes grow by 6 percent year to date in November, making this the ninth consecutive month of growth. Read more
Source: Maritime Connector
Shipbuilding Industry Set to Pick Up After 20173 years 5 months ago
Added: Dec 18, 2015 07:44
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, according to Castrol Marine Trade Barometer. Read more
Source: Maritime Connector
Master Power Purchase Agreement (PPA) 8 - 11 March 2016, Johannesburg3 years 5 months ago
Added: Dec 17, 2015 10:28
“Structuring Successful Power Purchase Agreements (PPAs), Managing Competitive Electricity Markets & Attracting Merchant Power Investments” Read more
Source: Maritime Connector
Master Financial Modelling for Energy Industry 14 - 17 March 2016, Johannesburg3 years 5 months ago
Added: Dec 17, 2015 10:21
“Developing the knowledge and skills to create and analyse financial models on a consistent and focussed basis” Read more
Source: Maritime Connector
Six missing after tanker collision in Singapore Strait3 years 5 months ago
Added: Dec 17, 2015 08:30
Authorities from Singapore and Indonesia are searching for six people, after a chemical tanker collided with a freighter in the Singapore Strait. Read more
Source: Maritime Connector
Container Service Reliability Stable in November3 years 5 months ago
Added: Dec 17, 2015 08:22
Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. Read more
Source: Maritime Connector
New incentive for ships that bunker LNG in Rotterdam3 years 5 months ago
Added: Dec 17, 2015 08:14
Rotterdam is introducing an additional incentive to bunker LNG, liquefied natural gas. The Port of Rotterdam Authority has reserved a total of EUR 1.5 million for this incentive. Read more
Source: Maritime Connector
Growth in cargo handled at major ports slows3 years 5 months ago
Added: Dec 17, 2015 08:10
Falling iron ore volumes has slowed the growth of cargo handled by the country's 12 major ports in the April-November period. Read more
Source: Maritime Connector
Crude glass half full? Oil prices could rise sooner than expected3 years 5 months ago
Added: Dec 16, 2015 09:08
Even with a global glut in oil supplies set to last well into 2017, indications are emerging that a recovery in prices could get underway sooner rather than later. Read more
Source: Maritime Connector
Vessel runs aground in Legazpi City; damage to coral reef feared3 years 5 months ago
Added: Dec 16, 2015 09:05
A foreign vessel ran aground in Polique Bay off Barangay (village) San Francisco in Legazpi City, causing damage to the marine environment in the area, said Benigno Redito, officer in charge of the city’s Integrated Coastal Resource Management Unit. Read more
Source: Maritime Connector
ClassNK issues Hong Kong Convention Statements of Compliance to two additional ship recycling facili3 years 5 months ago
Added: Dec 16, 2015 08:59
Leading classification society ClassNK has issued Statements of Compliance (SoC) to two ship recycling facilities in Gujarat, India, Shree Ram Vessel Scrap Pvt. Ltd and Leela Ship Recycling Pvt. Ltd, verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC). Read more
Source: Maritime Connector
At least seven dead in grain terminal blaze3 years 5 months ago
Added: Dec 16, 2015 08:55
At least seven people died during the fire that broke out in the grain terminal at Matola port (part of the Maputo port complex) on Sunday morning, during an attempt to steal fuel from a pipeline that passes beside the terminal. Read more
Source: Maritime Connector
Klaveness orders more specialized vessels3 years 5 months ago
Added: Dec 16, 2015 08:51
Klaveness, through a wholly owned subsidiary of Klaveness Ship Holding AS, has entered into a contract with Jiangsu New Yangzi Shipbuilding Co., Ltd in China for an order of three 83,500 DWT combination carriers. Read more
Source: Maritime Connector
Markets and Analysts Skeptical of COSCO-CSCL Merger Plan3 years 5 months ago
Added: Dec 15, 2015 08:21
Investors and analysts have reacted to the details of the confirmed merger of COSCO and China Shipping Group subsidiary CSCL with skepticism, sending shares of most of the affected listings down. Read more
Source: Maritime Connector
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