News 2011 March 17

MV HANNIBAL II released from pirate control

Ships refuse to take cargo from India ports to Japan

Northrop Grumman gets approval to spin off shipyards

Sovfracht-Sovmortrans plans to order a series of vessels from USC shipyards

Baltic index dips for second straight day

Singapore port operator PSA posts 14% throughput growth in 2010

DFDS posts 2010 pretax profit of 547m kroner

Tampa port plans car ferry service to Cuba

LA Port’s cargo volume rises 10.65% to 1,21m TEUs

LB Port’s box throughput is up 10.9% to 933,290TEUs

Rostransnadzor advises shipowners to suspend visits to Japan

Japan crisis has no significant impact on oil shipments–industry

Japan needs urgent LNG cargoes

DP World to invest US$50mln in Dominican port

AADA increases bunker surcharge to US$575/TEU, $1,150/FEU

Port of Hong Kong’s boxes volume rises 2.2% to 3,6m TEUs

Japan's shipyards remain intact after quake

NYK redeploys ship to aid rescue efforts

Port of Ust-Luga cargo throughout is up 25% to 1,72m tons

Oil exports via Primorsk port down 6% to 11,2m tons

VPP buys out 25.5% stake in Volgograd River Port

Yangzijiang Shipbuilding bags $2bn of boxship orders

Big Port St. Petersburg’s cargo volume grows by 14.7% to 7,94m tons (Update)

China Shipping 2010 profit up 61.2%

Nanjing Tanker gets Fujian chemical contract

Beluga files for bankruptcy

Congestion of 103 ships in the Gulf of Finland eastern part

Crude futures price is up to $110,62 in London, in New York - to $97,98