News 2011 June 6

Palmali (Russia), RussNeft ink agreement for oil transportation

Rosatomflot says crack detected, repair underway

Supertanker charter rates up 6.3%

ABG Shipyard plans to cut debt 17% this fiscal

Crude exports via CPC Terminal down 4.7% to 13,76 m tons

Malaysia plans first LNG imports in 2013

Norwegian company Odfjell sells stake in US terminal project

Kazakhstan Port of Aktau cargo volume down 13.3% to 4,96m tons

Global Ports aims for $100 mln from London IPO

Yangshan ready for 4th phase expansion

Mozambique's Ports Development Company plans $1bn investment

Cosco, Hanjin launch Asia/North Europe Weekly Express Service 1

India considers armed guards on merchant ships

Port of Archangelsk posts a 13-percent volume drop, to 1,4 million tons

Hopewell Holdings eyes Philippine roro infrastructure

Sovcomflot orders 2 LNG tankers from STX Offshore & Shipbuilding (Update)

Japanese ship orders up 9.4 percent in April

Port Vysotsky coal throughput soars 48.3% to over 1,3m tons

RN-Bunker wins to supply diesel fuel to Rosmorport’s Arkhangelsk branch

Odessa port’s cargo volume grows 1% to over 1m tons

Crude futures price is up to $115,84 in London, in New York - to $100,22

ZIM includes Vostochny stevedore company in port rotations

Shtokman Development and USC ink cooperation agreement

India Shipping Corp places orders for 29 vessels

Forwarders slam Russian ports

Four people died at the Chevron plant in Wales

Fincantieri calls off job cuts plan