News 2011 July 27

Jumbo Shipping delivers 51 monopiles in 7 voyages

Port Kavkaz acting harbormaster appointed

Pakistan loses $579m in box scam

DryShips to buy OceanFreight for $118 mln

SBI Offshore and Honghua Group form joint venture

DP World court stay protects Chennai tariffs

Evergreen Line launches KCS service

Sri Lanka inaugurates Kankasanthurai harbour development project

Aker Philadelphia, SeaRiver partner on construction of aframax tankers

Slovenia disputes Italian proposal for offshore gas terminal

Shell to cease processing at Australian refinery by Mid-2013

Ukraine hopes for Singapore's assistance in shipbuilding

Bangladeshi shipbuilders to export 30 vessels to fetch $300m by 2012

Indian government assures assistance to restore Kankesanthurai port

Delta Shipping updates BAF

Singapore investments in Tianjin top US$2.5b

Port of Singapore announces new Vessel Traffic Information System

Chinese company uses L. A. port to avoid Brazilian anti-dumping tariffs

Weyerhaeuser sells Westwood shipping line

Genco Shipping posts Q2 net income of $10.1 million

DP World plans new London deepwater port

Northrop Grumman posts Q2 2011 financial results

Indonesia to construct ports in Papua

US transfers security at Basra port to Iraq

Hapag Lloyd offers new services for Singapore and Halifax

Asia tanker rates seen near 2-month lows

B.C. backs Seaspan's federal shipbuilding bid with $60 million

Moscow to host III International Forum "Marine Industry of Russia"

China refits former Soviet aircraft carrier "Varyag"

PORTOFLOT tugs escort warships in St. Petersburg

ARB approves "OGV Clean Fuel Regulations"

YNAR gov’t eyes building three reefer ships

Severnaya Verf alleges USC stands behind criminal proceedings

Chemoil Q2 profits plunge

Panama begins pouring concrete for new locks

DFDS, Louis Dreyfus jointly bid for SeaFrance

Tacoma container traffic down 11 percent in June

Danaos posts Q2 net loss of $231,000

IMO adopts mandatory energy efficiency standards

Japanese and Norwegian banks to finance KSS vessel

FTS OKs pilotage rates at the port of Tuapse

EFIC supports Incat in the delivery of the world’s first LNG ferry

Crude futures price grows to $118,28 in London, in New York - to $99,59