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Shipping and maritime news
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
Hamburg Expands Rail Terminal11 months 18 days ago
Added: May 13, 2016 06:42
The port of Hamburg is responding to growing demand for rail containers by expanding the rail terminal at its Container Terminal Altenwerder from seven tracks to nine. This will give increase capacity from 140,000 to 930,000 TEUs. Read more
Source: Maritime Connector
DSME Unveils Its Own LNG Containment Technology11 months 18 days ago
Added: May 13, 2016 06:38
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has developed its own LNG containment system called DSME Cargo Containment System 16 (DSC16), the company said. Read more
Source: Maritime Connector
J. Lauritzen Sells Its Shares in Hafnia Tankers11 months 19 days ago
Added: May 12, 2016 07:24
Danish shipping company J. Lauritzen has completed the sale of its stake in Hafnia Tankers Ltd. as the company decided to abandon the product tanker and offshore service segments during the first quarter of 2016. Read more
Source: Maritime Connector
First STS Cranes for DCT Gdansk New Terminal11 months 19 days ago
Added: May 12, 2016 07:21
The first batch of STS cranes, destined for T2 operations, has arrived at the newly built second berth of DCT Gdansk terminal. Read more
Source: Maritime Connector
Chemical Shipping Freight Rates to Remain Firm11 months 19 days ago
Added: May 12, 2016 07:15
Chemical tanker shipping freight rates are expected to remain firm over the medium term, thanks to rising production capacity in key exporting countries, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Read more
Source: Maritime Connector
FMC: Third Container Alliance Coming Soon11 months 19 days ago
Added: May 12, 2016 07:10
Last week, at an industry gathering, Federal Maritime Commissioner William Doyle gave new hints on the creation of a "third force" container shipping alliance to counter the influence of heavyweights 2M and the recently formed Ocean Alliance. Read more
Source: Maritime Connector
Tanker Freed from Hijackers off Indonesia, Nine Arrested11 months 20 days ago
Added: May 11, 2016 07:27
The Indonesian Navy has retrieved an oil tanker that had been hijacked by pirates off Borneo arresting nine suspects, all Indonesians, who are believed to had intended to steal and sell the ship’s oil. Read more
Source: Maritime Connector
Navig8 Chemical Tankers Stays in Black11 months 20 days ago
Added: May 11, 2016 07:22
Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, reported its net income for the first quarter of 2016 at USD 10.4 million against a net income of USD 9.1 million for the three months ended December 31, 2015. Read more
Source: Maritime Connector
Safmarine Meru Recovery Plans Under Way11 months 20 days ago
Added: May 11, 2016 07:02
In an update this week, Maersk Line said that the damaged container vessel Safmarine Meru remains stable, and that a fire aboard is now under control. Plans are under way to take her in tow and bring her into port. Read more
Source: Maritime Connector
LNG and Methanol Could Lead the Way to Shift to Biofuels?11 months 20 days ago
Added: May 11, 2016 06:55
LNG and methanol have been singled out as top alternative fuels for maritime transport in the report released by the EU Joint Research Centre (JRC) especially due to their capability to serve as transition fuels before making a major shift to biofuels. Read more
Source: Maritime Connector
AIDAprima LNG Test Run Successful11 months 21 days ago
Added: May 10, 2016 06:55
The cruise ship AIDAprima has successfully completed a test run burning LNG in Hamburg port. Read more
Source: Maritime Connector
Maersk Line vessel in serious collision off Ningbo, China. All crew safe.11 months 21 days ago
Added: May 10, 2016 06:53
Last week, Maersk Line was contacted by “Safmarine Meru”, a Maersk Line owned container vessel. En route from Qingdao to Ningbo in China, the Safmarine Meru had collided with the “Northen Jasper, a German-owned container vessel. Read more
Source: Maritime Connector
With Credit Tight, Tanker Orders Fall11 months 21 days ago
Added: May 10, 2016 06:50
In its latest report on the tanker fleet, Drewry notes a marked slowing trend, with only 34 vessels ordered in the first quarter, down by a factor of ten from 368 ordered in the same period last year. Read more
Source: Maritime Connector
Scanty Ordering Bodes Well for Tanker Shipping11 months 21 days ago
Added: May 10, 2016 06:39
Newbuilding orders of tanker ships have seen a sharp reduction, but the slowing trend needs to be sustained for the longer-term health of the market, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry. Read more
Source: Maritime Connector
Man Adrift for Two Months Rescued by Bulker11 months 24 days ago
Added: May 06, 2016 13:45
Last week, a 29-year-old Colombian national arrived safely in Honolulu following a two-month ordeal at sea and a very lucky rescue by a merchant vessel. Read more
Source: Maritime Connector
BIMCO: First Quarter without Boxship Orders since 200911 months 24 days ago
Added: May 06, 2016 12:54
The overcapacity in the container shipping sector seems to have finally struck a nerve as owners abstained from ordering new boxship capacity for the first time in years. Read more
Source: Maritime Connector
NOL posts 1Q 2016 net loss of US$105 million amidst deteriorating freight rates environment11 months 24 days ago
Added: May 06, 2016 12:51
NOL Group today reported a 1Q 2016 net loss after tax of US$105 million. 1Q 2016 Core EBIT (Earnings before Interest, Taxes and Non-Recurring Items) was a loss of US$84 million. Read more
Source: Maritime Connector
Maersk welcomed back to Liverpool11 months 24 days ago
Added: May 06, 2016 12:44
Peel Ports celebrated the return of Maersk to the Port of Liverpool with a formal welcome reception for its feeder vessel, Antwerp. Read more
Source: Maritime Connector
Militants attack Chevron platform in Nigeria's oil-rich Niger Delta11 months 25 days ago
Added: May 06, 2016 07:29
Militants attacked a Chevron (CVX.N) platform in Nigeria's oil-rich Niger Delta region late this week, the U.S. energy company said on Thursday, amid growing fears of a revived militant campaign in the region. Read more
Source: Maritime Connector
Crowley Christens 3rd LNG-Ready Product Tanker11 months 25 days ago
Added: May 06, 2016 07:25
Florida-based shipping company Crowley Maritime Corporation christened on Thursday Louisiana, the latest of its four new Jones Act product tankers at the Port of New Orleans. Read more
Source: Maritime Connector
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