News 2010 December 6

Tamanneftegaz 1P project completion shifted to Feb. 2011

OCSP’s cargo throughput down 11.4% in Jan-Nov to 22.35m tons

Hamburg Sud reconfigures North Europe- Israel service

Chennai port suspends handling export containers

Port of San Diego celebrates new cruise ship terminal

Port of Klaipeda posts a 13.6% rise in handled cargo, to 28,5m tons

Stena Line Irish ports buys two routes on the Irish Sea and takes over operations at the port terminals of Belfast, Birkenhead and Heysham

Honduras to expand Port of Puerto Cortes

The Marshall Islands Registry included on Paris MOU list of “Low Risk Ships”

Cargo throughput of Port Kavkaz up 18.84% in Jan-Nov to 8,91m tons

The Russian Navy takes delivery of a tug from Pella shipyard

Dusup completes facility at Jebel Ali Port to receive LNG

Archangelsk port’s 11-month throughput jumps 41.3% to 4,26m tons

Dalian Port shares up 26% in Shanghai debut

Tanzania plans to build three more coastal ports

MOL to cut debt to US$9 bln by the end of March

Port Waratah plans to expand Newcastle coal export capacity by 80%

Brazil port operator Libra to invest BRL1.2 bln in five years

Shipping Corporation of India to spend $ 3 bn over next three years on expansion

Port of Oulu eyes a €4.1m investment project

Middle East supertanker rates rise 5.4%

Krasnoye Sormovo launches 7,100DWT tanker

KSCP’s cargo turnover jumps 43.2% in Jan-Nov to 2,85m tons

Pirates hijack cargo ship with 25 people off India

Vostochny Port’s Jan-Nov throughput down 1% to 13,478m tons

DP World analyst to visit Cochin, Chennai and Mumbai ports

Crude-futures prices up to $91.42 in London, in New York - to $89.19