News 2011 August 1

OCSP’s seven-month cargo volume up 3.2% to 14.4 million tons

Antarctic fuel oil ban and NA ECA MARPOL amendments effective Aug.1, 2011

Yuzhny port's throughput grows 37% to 13.1 million tons

Vedanta Visakhapatnam port project to be ready by Q4

India's V.O.Chidambaranar Port Trust considers 2nd container terminal

Marcon International delivers two new ASD tugs

Singapore's Otto Marine announces cancellation of contract for two vessels

Mozambique port of Beira opens for large vessels

Shell, Petronet may get two spot LNG cargoes

Noble orders two more jackup rigs from Jurong Shipyard

Petronet may set up Rs 5,000 cr LNG terminal on Orissa coast

Malaysia orders 7 oil floating storages to exit Pasir Gudang

Singapore's Sembawang Shipyard doubles stake in Kakinada JV

Germany, France plan naval shipbuilding merger

Zhongshan port to build river-sea shipping large distribution centre

COSCO Corp Q2 net profit down 53 pct

Indonesia's port operator Pelindo II postpones bond issue

Peru confirms DPW Callao lawsuit

Piracy costs global economy $12b annually

Iranian Navy rescues oil tanker

CMA CGM, CSAV launch Asia-West Africa service

Keppel completes ultra deepwater rig for Saipem

Venezuela hikes port charges

Duncan Potts takes over as new operation commander

CMA CGM rises India-Europe rates

Swedish tanker hit by pirate attack

West African pirates repelled after attack on Panama ships

Kherson port eyes construction of new cargo terminals

Transneft starts filling BPS-2 with technological oil

Gazprom Neft gets 30% in Cuban shelf oil project

India eyes $3.8bn port expansion projects

Officials to be sued for MV Bulgaria disaster

Philippines retained on IMO white list

Courage Marine posts H2 results

Horizon Lines posts Q2 loss of $7 million

July death toll in Russia’s water transport grows to 130

ICTSI withdraws bid for Portek

China accelerates port service integration to prevent competitive overlap

Collision of boat and barge in Moscow causes 9 deaths

Shippers avoid Indian port as congestion increases

Toll Group acquires German ocean forwarder AWG

Crude futures price down to $116,36 in London, in New York - to $95,7