News 2010 July 5

Agri-Ministry says Russia’s grain exports to be at 20m tons

Crude, petroleum products exports via Primorsk Port in Jan.-June at 35.78 million tons

Vysotsk terminal posts a 9.4-percent drop in oil exports, to some 5,9m tons in Jan-June

BP continues spill response operations, cost rises to $3.12bn

Regular inspection of safety systems at the Freeport of Riga

Baltic Dry Index extends longest drop since 2005

KOTC and DSME ink shipbuilding contracts for 2 Aframax tankers

STX Offshore rises after report on Europe listing

Samsung Heavy to hedge 100% of net Forex exposure

China Merchants Group acquires pallet supplier Loscam

"K" Line, China Shipping and Hapag-Lloyd start a new direct service from East Asia to West Africa

China's exports to Brazil up 57.7% in H1

Tangshan Port falls 3.9% in Shanghai debut

Qingdao Port's foreign trade cargo throughput up 21% in H1

Norwegian Cruise Line partners with Svedka

Somali pirates hijack ship with 18 Filipinos on board

Traffic restrictions on the Neva River effective on 10-11 July

BP costs for oil spill response pass $3 billion

Nine firms bid to build container terminal at Chennai

Container ship runs aground on route to Singapore

Karachi Port Trust receives $115m loan for reconstruction of berths

Eitzen sells ship management business

Teekay Corporation announces renewal of stockholder rights agreement

CMA CGM Group takes delivery of two new vessels

UEDA sets out IACS objectives

The Novorossiysk Port’s Board names its chairman and independent directors

Somalia pirates hijack the MT MOTIVATOR tanker in the southern Red Sea

Half-year freight traffic volume via Azov-Don ports rises 39.5%, to 10m tons

6-month throughput of Arkhangelsk port up 27% to 2,13m tons

RosMorRechFlot OKs the construction of a deep-sea port in Baltiysk

Customs Code of Russia, Kazakhstan and Belarus is effective from July 6, 2010

St. Petersburg port spends RUB19m in 6 months for SSC renovation program

Belarus ratifies all the agreements concerning the Customs Union, including the Customs Code, Alexander Lukashenko

Dmitry Medvedev signs a law ratifying the Russia-Greece merchant shipping agreement

The Polonia crew members are released in Nigeria

Crude-futures prices down to $71.65 in London, in New York, to $72.14

Pipavav Shipyard appoints a new CEO

US provides Vietnam with container scanners

Maersk sees container rates at pre-crisis level this year

Rickmers christens four ULCS at HHI Ulsan shipyard

Single-hull tankers fall to 7% of the total fleet

HHLA and Polzug Intermodal inaugurate high-performance hinterland terminal in Poland

China's Qinhuangdao port handles 112 mln tonnes of coal in H1 2010

South Korea's Incheon Port container throughput up 28.5pc in June

Safmarine charters more slots on Asia-east coast South America service

Seoul shares edge up on shipyards, steelmakers