News 2011 July 12

Kalmykia plans to build a new port on the Caspian coast

Freeport Indonesia workers stay on strike as union demands more

Cosco stil chasing stake in Taiwan port project

Vietnam Customs urged to clear cashew backlog

Tianjin Port to inject 230mln yuan into financial firm

Shutting down Suez Canal would be a serious economic threat, say experts

Mermaid Maritime gets $110m bank loan

Essar Shipping may expand supertanker fleet as India buys more Mexico oil

Vale gets 1st China-built mega iron ore carrier

Cruise ship rescues six from sunken ship off Bahamas

APM Terminals Rotterdam barges in to help customers out

Medel container terminal approved

SSA Marine wins $300 mln port concession in the Gulf of Mexico

New coal terminal to be built at Newcastle, New South Wales

CEPSA Marine Fuels, S. A. increases bunkering capacity in the Port of Algeciras

Gulf states could use military sensors to track oil-spilling tankers

Oil speculators distorting shipping market -China Cosco Executive

Wilhelmsen Ships Service completes integration with Nalfleet

Vostochny Port’s H1 throughput rises 11 percent to 8.2m tons

India's container volume rises 3 percent in fiscal first quarter

APL Logistics starts India stacktrain service

US container exports rose 8.2 percent in May

Malaysian FPSO and offshore vessel owner Bumi Armada raises $888m from IPO

Malaysian oil and gas service providers SapuraCrest and Kencana on verge of merging

Crude futures price is down to $117,24 in London, in New York - to $95,15

South Korea's shipbuilders diversify into wind market