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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
ESPO launches Code of Good Practices for Cruise and Ferry Ports10 months 27 days ago
Added: Jun 03, 2016 07:22
The European Sea Ports Organisation has launched the ESPO Code of Good Practices for Cruise and Ferry Ports today. This code has been developed by ESPO together with Cruise Baltic, Cruise Europe, Cruise Norway, MedCruise and Cruise Britain, who since September 2014 have been part of the Cruise and Ferry Port Network. Read more
Source: Maritime Connector
Cash Deprived Venezuela Can’t Pay For Oil Imports, Leaving Tankers Stranded10 months 27 days ago
Added: Jun 03, 2016 07:04
Venezuela’s financial problems have become so acute that it is having trouble paying for the crude oil imports that it needs. Reuters reports that four oil tankers carrying more than 2 million barrels of oil are sitting off the Venezuelan coast because... Read more
Source: Maritime Connector
Six More Ships Head to Bangladeshi Shipbreaking Yards10 months 27 days ago
Added: Jun 03, 2016 06:58
A total of six vessels will soon land on the beaches of the substandard South Asian shipbreaking yards in Bangladesh as a number of owners sold their ships to scrap on June 1, according to data provided by VesselsValue. Read more
Source: Maritime Connector
Rosneft & Statoil drill well in far east of Russia10 months 27 days ago
Added: Jun 03, 2016 06:44
Rosneft and Statoil have begun drilling an exploration well in the Sea of Okhotsk, in the latest sign that European oil companies are finding ways to continue work in Russia in spite of strained political ties. Read more
Source: Maritime Connector
Awilco Sells Two Laid-Up LNG Carriers10 months 28 days ago
Added: Jun 02, 2016 07:50
As the weak LNG freight market continued in the early part of 2016, the Norwegian liquefied natural gas (LNG) transportation provider Awilco LNG ASA decided to sell two of its 125,000 cbm LNG carriers. Read more
Source: Maritime Connector
GUPC: Panama Canal’s Third Set of Locks Fully Operable10 months 28 days ago
Added: Jun 02, 2016 07:23
Grupo Unidos por el Canal (GUPC), the contractor responsible for the Panama Canal expansion program, has brought to full operability the Third Set of Locks... Read more
Source: Maritime Connector
U.S. LNG-Fuelled Fleet Growing10 months 28 days ago
Added: Jun 02, 2016 06:59
There are fewer than 10 ocean-capable, U.S.-flagged LNG-fueled ships, at present, but at least eight are set to be launched over the next three years, reports the U.S. Energy Information Administration. Read more
Source: Maritime Connector
S. Korea's Big Three Issue Restructuring Plans10 months 28 days ago
Added: Jun 02, 2016 06:40
Samsung Heavy Industries and Hyundai Heavy Industries have received approval from creditors for their self-rescue restructuring plans, South Korean media sources report. Read more
Source: Maritime Connector
Höegh LNG Partners Sinks to Loss in Q110 months 29 days ago
Added: Jun 01, 2016 06:32
Höegh LNG Partners LP reported a net loss of USD 1 million for the first quarter of this year, a decrease of USD 3.6 million from net income of USD 2.6 million reported in the corresponding period in 2015. Read more
Source: Maritime Connector
ZIM Integrated Shipping Services Reports Results for Three Months Ended March 31, 201610 months 29 days ago
Added: May 31, 2016 14:20
​Adjusted EBIDTA remains positive at $8 million The Company carried 577 thousand TEUs in Q1, reflecting a 3% increase compared to Q1 2015 Read more
Source: Maritime Connector
STX France sells its Lorient shipyard10 months 29 days ago
Added: May 31, 2016 14:16
The main shipyard located in Lorient on the West Coast of France that is owned by the large French shipbuilding group, STX France has been put up for sale by its owners. Read more
Source: Maritime Connector
P&O boss gets ferry business ship-shape for growth10 months 29 days ago
Added: May 31, 2016 14:10
The boss of P&O Ferries almost winces as she recalls the chaos that descended on Calais last summer when strikes and the migrant crisis brought the town to a standstill. Read more
Source: Maritime Connector
ICG Stirkes €144m Cruise Ferry Deal10 months 29 days ago
Added: May 31, 2016 14:04
German company Flensburger Schiffbau-Gesselschaft & Co (FSG) has entered into an agreement to build a €144m (£110m) cruise ferry for Dublin-based shipping and transport business Irish Continental Group (ICG). Read more
Source: Maritime Connector
Mutiny on the Harmony: The biggest cruise ship in the world is still a building site, angry passenge10 months 29 days ago
Added: May 31, 2016 13:59
She was supposed to be the last word in luxury on the open waves when she set off on her inaugural trip to great fanfare just over a week ago. Read more
Source: Maritime Connector
STX France signs a letter of intent for three cruise ships with the US owner RCL10 months 29 days ago
Added: May 31, 2016 13:49
Further to the successful delivery of Harmony of the Seas last May 12th, the US group Royal Caribbean Cruises Ltd, signs a letter of intent for three additional cruise ships Read more
Source: Maritime Connector
Maybulk sees $6m Q1 loss, to sell ships to boost liquidity11 months 3 days ago
Added: May 27, 2016 09:19
Source: Maritime Connector
Höegh LNG - Interim results March 201611 months 3 days ago
Added: May 27, 2016 09:07
Source: Maritime Connector
VLCC tanker prices down by 15% Ship Owners Turn to Dry Bulkers11 months 3 days ago
Added: May 27, 2016 08:51
Source: Maritime Connector
Navig8 Product Tankers Takes 1st Newbuild from CSSC Offshore11 months 6 days ago
Added: May 24, 2016 08:01
Navig8 Product Tankers Inc has taken delivery of the Navig8 Grace, a 113,000 DWT LR2 tanker from China-based CSSC Offshore & Marine Engineering Company Limited, formerly known as Guangzhou Shipyard International Company. Read more
Source: Maritime Connector
Hyundai Merchant Edges Closer to Receivership11 months 7 days ago
Added: May 24, 2016 07:54
South Korean observers are increasingly concerned that Hyundai Merchant Marine (HMM) will enter court receivership in coming weeks. Read more
Source: Maritime Connector
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