News 2011 August 10

Silk Road port in Xinjiang to become trade hub

ODE wins contract to support E.ON Ruhrgas operations in UK North Sea

India's shipping ministry plans to upgrade 24 ports

Norwegian Cruise Line to ban smoking in staterooms on all ships

Hestya Energy buys Wilhelmshaven oil refinery

Cargo ship sinks after collision off Philippines

Bourbon reports growth in first-half revenues

Ust-Luga port cargo volume soars 68 percent

Klaipeda port throughput up 22.7 percent to 21.35m tons

Petrobras keeps floating, offshore LNG option open

China launches first aircraft carrier on maiden sea trial

India's Mundra port bans old ships after oil spill

Port Botany throughput surpasses 2mln in financial year

APS to provide terminal automation solutions to Brazil's Suape Port

Chennai port files review petition against court order on ‘dirty’ cargo

China Cosco expects record H1 net loss

Pertamina, PLN to set up LNG shipping company

MCC to launch Shanghai-Chittagong service

Shanghai container throughput up 13% in July

Hyundai Merchant Marine orders five 13,100 teu containerships

Orient Overseas operating profit down 39 percent to $188m

Big Port St. Pb updates max drafts in the port waters

Australia's Port Hedland July iron ore shipments down to 17.533 mln tonnes in July

Matson ends one of two China services

NCSP net profit climbs 3 percent to RUB 4.14 billion

Second Cosco ship arrested

Genesis completes acquisition of FMT black oil barge business

Ethiopian Shipping Lines net profit of 661m Br

HMM orders its largest ships ever

Port of Qinzhou's half-year box volume increases 47.7pc to 161,000 TEU

Matson discontinues CLX2 China-Long Beach Express

Wartsila opens new facility in Helsinki

Maersk intra-Asia specialist MCC to start Shanghai-Chittagong loop

Donjon Marine adds 2,400 bhp tug to fleet

Gazprombank eyes construction of drilling rigs and PSVs

Crude futures price is down to $102,57 in London, in New York - to $79,3