News 2011 March 22

Forth Ports agrees ?760m takeover by Arcus

Maersk expects Q2 freight rate rebound

Copenhagen Malmo Port’s operating profit down to SEK 116 mln in 2010

PT Pelindo II to spend $342m to boost Tanjung Priok capacity

Turkey group plans new Gaza flotilla with at least 15 ships

Mangalore port resumes iron ore exports to China

FFincantieri wins contract to build 2 ships for Tidewater

Japan to release 22-days of oil reserves-trade ministry

Sembcorp Marine’s Jurong Shipyard bags US$450 mln contract from Seadrill

SCI to acquire anchor handling towing & supply vessels

Evergreen posts 2010 net profit of $512.1m

TransContainer acquires 67% of KedenTransService

Bunker rates on Asia-Europe services up 20% since October

Grand Alliance adds Vietnam to Europe service

Hyundai MIPO to build New Ro-Con ships for NSCSA

Tokyo and Yokohama ports unaffected by radiation

Six CSA carriers cut planned bunker increases

Japanese Sendai port resumes fuel shipment

Evergreen launches Southeast Asian service

Hanjin Shipping receives first VLOC

Asian shipowners outraged over lack of government action on piracy