News 2011 May 10

Container firms passing on record bunker fuel costs to clients

Mundra Port Q4 net profit up 74%

Yang Ming Q1 net profit up to $4.2m

Brazil Vale takes delivery of 400,000-ton ore carrier

Marco Polo invests in third drydock at Batam yard

OOIL places $544m newbuilding order

Chile Vapores 1Q loss up to $186.4m

Zim announced third India-Europe GRI

Rotterdam coal imports fall by 8pct in Q1

China's shipping sector suffers from overcapacity, high oil price

GE Shipping takes delivery of Kamsarmax dry bulk carrier

UK to fund prison for pirates

STX OSV posts Q1 results

China's shipbuilding orders to be flat this year - CANSI

Taiwan issues typhoon warning

Azerbaijani State Maritime Administration to attend IMO session

UAE tanker rescued after pirate attack

Seaspan accepts delivery of sixtieth containership