News 2010 August 24

Top container maker’s first half profit up 10.5%

Sri Lanka port to borrow $6.3m to buy cranes

Yangzijiang Shipbuilding invests in yard expansion

ICTSI denies illegal reclamation in Manila

Indian ports to outsource all clean-up jobs

Singapore and South Korea sign agreement to protect marine environment

Novoship takes delivery of 2 new Suezmax tankers this fall

Russia’s shipbuilding production volume down 15.8% in Jan-July: Ministry of Industry

Hanjin Shipping and Hyundai Merchant Marine to collaborate on Asia-South America route

Kunlun in $325 mln bid for LNG terminal operator

COSCO Pacific H1 net profit rises 81.7 pct

CSAV adds third string to Latin route

Traffic back to normal at Indian ports

Cosco Dalian wins $12m deck barge deal

STX Pan Ocean bags $210m coal shipping contract

Chemical shipping companies to suffer from low rates for another 12 months

Supertanker scrapping to speed up: FCA

Baltic index rises 3.08 percent to 2,841 points

Hamburg Sud starts new Europe - Mediterranean service

Daewoo Shipbuilding inks US$1.81bln deal for offshore facility

Exports, imports via Kaliningrad Region up 32%, to $3,4bn in H1, 2010

New York-New Jersey to raise fees

Crude-futures price down to $73.62 in London