News 2007 May 23

Krasnoye Sormovo Shipyard launches the fifth dry-cargo ship project RSD 17 for Palmali Group

Pacific Basin to sell 3 cargo vessels for US$72m

Bergen Tankers orders bunker tankers

Trio team up in Indian subcontinent/Middle East/Africa trades

Hanjin Shipping joins INTTRA

Conflicting reports of disruption at Turkish port Mersin

China’s container throughput reached 33.67 million TEUs in the first four months of 2007

Tianjin Port to build three container berths

Norway provides US$3.9m for shipbuilding development in Vietnam

Russia parliament ratifies Balkan pipeline deal

Cargo handling of the ports of Odessa region (Ukraine) up 19.4% in Jan.-Apr. 07, y-o-y

Finance Ministry posts higher oil output

NCSP increases its share in Novorossiysk Shiprepair Plant to 57.46%

International conference "Black Sea Freight Market & Ports" to be held in Odessa, 4-5 June 2007

US refinery squeeze deepens

SSN shipyard (Poland) to increase import from China

Court freezes assets in Sovcomflot case

Oil price down to $69.52 in London, and to $65.51 in New York

STX Shipbuilding wins 239 bln won order

EU lays out ship dismantling proposals

Petrobras to sign strategic pact with PetroChina

Two ports to merge in Australia

New oil terminals in Malaysia to boost bunkering prospect

Gibraltar’s newest bunker firm has made its first deliveries

GAC buys 80% stake in Ole R Olsen AS (Norway)

Guangdong shippers' association protests 340pc jump in THCs

Beihai port container throughput surges 104pc in Q1

Throughput capacity of Chinese ports to hit 8 bln tons in 2010

Rosneft plans to increase refinery by its own plants to 91 mil tons a year

Vietnamese container ports face handling charges

UNIT45 shows off its multimodal solutions in Munich

Fourth submarine ordered from BAE Systems Barrow shipyard