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IHS Maritime Sea-web: Latest Maritime News
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Honolulu-based Matson Inc has agreed to pay $1M after pleading guilty to polluting Honolulu Harbor with molasses.  Full story >>

Mediterranean Shipping Company (MSC) will continue to provide direct service from Northern Europe to Boston and Philadelphia despite service changes resulting from its vessel-sharing alliance with rival Maersk.  Full story >>

Despite expectations for record earnings, Royal Caribbean shares fell after the fourth-quarter outlook came in below Wall Street consensus.  Full story >>

Wartsila, the listed Finnish engineering group that manufactures diesel engines and provides a wide portfolio of technical and design services for shipping, says newbuilding prices are under downward pressure.  Full story >>

Changes in automotive cargo flows and disruptions to citrus exports ex South Africa have forced container lines to shuffle capacities, according to Deutsche Afrika-Linien (DAL).  Full story >>

Chinese shipbuilder Nanjing Dongze Shipyard has won an order for two Handymax bulkers from domestic shipowner Nanjing Ocean Shipping Co (NASCO).  Full story >>

Chinese shipyard New Times Shipbuilding has won its second order this month for Suezmax tankers, with two from an unknown shipowner.  Full story >>

In its biggest investment to date, Lerwick Port Authority (LPA) has awarded a £16.5M ($26.5M) contract to local company Tulloch Developments to build a new jetty that will benefit the offshore sector as well as the port’s fishing fleet.  Full story >>

Weak freight rates have driven second prices of dry bulk carriers lower and signs of a fall in newbuilding prices have started to emerge, said shipping analysts at Arctic Securities ASA in Oslo, Norway.  Full story >>

Listed Norwegian offshore services company Siem Offshore suffered a slight dip in 3Q14 net profit, but it has a strong orderbook of future business.  Full story >>

Scrubbers will save money for shipowners in the long term, according to Keith Forget, group fuel specialist at Veritas Petroleum Services (VPS) in his speech at this year's Singapore International Bunkering Conference and Exhibition last month.  Full story >>

South Korean gas and chemical shipping company KSS Line has signed a long-term LPG shipping contract worth KRW77.8Bn (USD73.6M) with Japan’s Itochu Corporation.  Full story >>

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