News 2011 August 24

Japanese ship orders sink 58.2 percent in July

Dry bulk shipping costs up to 4-mth high

Russia, N. Korea strike deal on gas export pipeline

Cosco faces threat of worldwide ship seizures

ICTSI gets S$35.6 million payment from Mitsui for Portek shares

Zhenhua completes Busan Newport crane project

Japan protests over China ships in disputed waters

Truck strike halts Chennai container traffic

CNOOC 1H profit up 51 pct

Russia’s transport safety watchdog discharges 6 execs over Bulgaria sinking case

Cosco taps Ma Zehua as new CEO

China COSCO seeks to reassure shipowners over unpaid bills

Sri Lanka seeks $40 mln Chinese loan for port rock removal

FSG launches first of four Ro/Ro freight ferries

Toll hikes spur APL to shift calls from NYCT

China's COSCO Pacific plans more overseas investments

Shanghai Waigaoqiao Shipbuilding gets order for four 206,000 dwt carriers

FPSO OSX-1 begins journey toward oil and gas production in Brazil

Guangzhou Shipyard H1 net profit down to $41.2m

Cosco Pacific posts H1 results

Thoresen Thai shifts dry bulk fleet to Singapore

Shipping study reveals less than 1,000 containers lost at sea each year

MSC adds Asia-Mediterranean Peak Surcharge

Daewoo Shipbuilding wins ship order from Hyundai Merchant

US container imports falls 5.4% in July

Songa Offshore secures financing for semisubmersible newbuilds

Govt to clamp down on unlicensed transport companies

Crude futures price is down to $109,31 in London, in New York - up to $85,44