News 2011 May 31

Palmali adds more tankers to Armada newbuilds order

Hamburg Sud hikes BAF to US$346/TEU, effective July 1st

Tianjin builds transhipments with 'dry ports' in 20 cities over 12 provinces

Guotou Jingtang Port launches 30 million mt coal terminal project

Samsung Heavy wins $3 bln ship order from Shell

Japan's Onahama oil terminal to open to ocean-going ships in June

Jinhui reveals $5m of exposure to Korea Line

Sevmash Shipyard pays $ 43 million in favor of Norwegian Odfjell

Shipping Corporation of India plans to raise $500-600 mln in FY12 through ECBs

Guatemala to invest $2,400 million in railroad alternative to Panama Canal

Croatia joins to IACS

Singapore-flagged tanker robbed by pirates

New procedure of processing ships does not work at Big Port St. Petersburg - Public Council of Rosgranitsa says

Singapore's Tiong Woon establishes Malaysian subsidiary

Qatar signs agreement for two major ports in Egypt

Africa-Europe ro-ro rail project revs up

HHI to build LNG tankers for Greece's Dynagas

DNV unveils "step change in VLOC design"

RGU: Russia is able to export up to 20 million tons of grain this year

Pipavav Shipyard secures order for construction of gun boats from Indian Navy

NOL revenue per box drops 4%

General Dynamics signs $744.1m MLP ships contract

Crude futures price is down to $114,68 in London