News 2011 August 16

Transocean to buy Aker Drilling for $2.23bn

China’s first aircraft carrier completes extensive sea trials

Long Beach seven-month container traffic grows 4.7 percent

V.F. Tanker takes delivery of 6th river tanker

India’s major ports adopt new model for dredging contracts

Arawak Port Development announces $8 million IPO

Senior transport inspectors detained over river boat disaster

Oka Shipyard launches 6th RSD 44 dry cargo ship

Vyborg Shipyard completes 2 drilling rigs for Gazprom

UCL Holding buys a state-owned stake in TCSP

Moscow Shipping profit soars 3.8 times in H1

Novoship profit drops 6.4 times to RUB 110.5m

Essar Ports to double capacity in 2 years

Pella Shipyard half-year profit grows 4.7 times to RUB 285 million

Hijacked MV Sinin with 9 Indians rescued

Supertanker prices down to a nine-year low

Thoresen Thai Q3 net profit up to $11m

Singamas posts H1 profit of $111.8m

Caspian Sea States take further steps against oil pollution under UN-backed treaty

Shell detects another leak under North Sea

MARAD announces $9.98 million in grants to small shipyards

Vizag port handles 27 million tons of cargo

ABB books $200 million in marine orders from Asia

RZD posts profit decline for H1, 2011 to RUB 48.5bn

Shanghai shipyard delivers bulk cargo ship Abdala

Third National Security Cutter completes acceptance trials

USS Pennsylvania departs drydock

LA-LB imports fall slightly in July

Sonardyne helps major scientific discovery on the Mid-Atlantic Ridge

Carriers challenge NY-NJ Port Fee

MAN Diesel & Turbo to power Sanco seismic ship

Higher fuel costs push SCI to $1.3m loss

Port of Montreal buys more green locomotives

Crude futures price grows to $109,91 in London, in New York - to $87,88