News 2010 November 29

Advanced systems at Jebel Ali Port reduce transaction time

Iran’s VLCCs to reach 50 by end 2012: NITC MD

Lindaliini cancels more trips on Tallinn-Helsinki route

Somali pirates hijack Malaysian ship

Rizhao Port approved to launch private placement

Vizhinjam to become major transshipment port in South India

Antwerpen Port Authority to build Belgium's largest wind farm

Putin believes Russia could join the WTO in 2011

Bangladesh to deliver ships to Germany

Baltic Oil Terminals to buy Russian terminal

Malaysian ports container traffic up 16.6% in first 10 months

China's Hubei to invest $27b on Wuhan port expansion

Vallarupadam International Container Terminal starts operations by next month

Transpacific carriers to rise rates in 2011

Maersk closes in on $4bn shipbuilding deal with Daewoo

New wave of strike begins in Vancouver port

China Shipping Development orders 10 newbuildings

Sovcomflot tanker endures pirate attack

Iran predicts rise in oil demand in 2011

MISC to refocus its liner business in Asia next year

China to overtake Korea as world’s No. 1 shipbuilder

Emirates seek alternative oil export route

GE Shipping to buy general purpose product tanker

Aegean Marine Petroleum aims to complete its Kingston storage facility by 2012

Crude-futures prices down to $85,58 in London, in New York - to $83,76