News 2010 November 1

Russia, France establish a shipbuilding Consortium

Ten-month cargo turnover of NUTEP up 11.7% to 102,500 TEUs

Port Kavkaz’ nine-month throughput rises 22%, to 7m tons

Keppel Verolme buys graving docks from Port of Rotterdam

Precious Shipping Q3 earnings drop 75%

Shanghai International Port (Group) announces share sale

Pacific Basin plans to expand fleet

Yuzhny Port posts a ten-month throughput at 14.9m tons

ESPO crude supplies to China start tomorrow

Sungdong Shipbuilding to build 82,000-dwt vessel for Akmar Shipping

Igor Sechin to discuss construction of Mistral-type warships with French delegation

Belgian firm to dredge Tuticorin port

Evergreen Marine posts Q3 net income of US$250 million

Crude exports via the CPC in Jan-Oct. up 1.4% to 29m tons

VTB NW extends a RUB365m credit to Baltic Bunker Company

TNK-BP launches a Saratov refinery’s railway facility for dark petroleum products

BG Group finalises $15bn Aussie gas deal

CPV posts 6m tons handled by Nov.1st, the annual plan

Sea Port of St. Petersburg Group upgrades terminals, spends over RUB90m in Jan-Sept.

Sea Port of St. Petersburg eyes launching a FSC’s container terminal by the end of Nov., 2010

EU bans all cargo handling by Iranian shipping line

Strikes end at French refineries, oil ports

APL launches new intra-Asia service

Shipping Corporation of India profit up 645 percent to $57 million in Q2 fin 2010-2011

NYK, MOL, “K” Line posts Q3 results

China Shipping Q3 net profit up to $322 mln

Somali pirates seize the MV POLAR ship

Joint venture gets loan for Vietnam container terminal project

Crude-futures prices down to $83.15 in London, in New York - to $81.43