News 2011 September 22

Russia to invest heavily in shipbuilding industry in 2012-14

SCF’s fleet age to be reduced by 5 years, forecast says

IFC provides $80m for Salvador port expansion

Singapore voted world's third best cruise port

OSX to spend US1.7bn to create biggest shipyard in the Americas

Corbett to release $15 million to continue deepening of Delaware River shipping canal

Putin hopes legislators approve the law on NSR by this year end

Great Lakes Shipyard wins tugboat orders worth $23 million

Yemen LNG says exports unaffected by violence

Russian Railways’ year-end box traffic to be around 2.4 million TEUs, official says

Russian Govt sets aside RUB 20bn for nuclear-powered icebreaker

Italian Navy rescues crew after fleeing pirates set ship on fire

Armalit supplies pipeline accessories for Zvezdochka Shipyard

AP Moller-Maersk, Pelindo II sign investment pact

AET to convert two aframaxes

Four Asian lines suspend China-Long Beach service

Emarat to lease storage capacity in port of Fujairah

Murchison, Mitsubishi consider funding plans for ore port

Hapag-Lloyd postpones Canada-India rate hike

Turkey’s Bosporus to be closed for naval exercises on Sept. 29

ASEAN Maritime legal experts to meet Thursday

TSA change leadership structure

Supertanker supply in Persian Gulf exceeds 100

MOL (LNG) selects KVH TracPhone V7 for LNG tankers

Panama pilot-ILWU pact raises spectre of inter-continental disruption

Drewry rate benchmark slips 5.6 percent

MWCC adds Aframax tanker to expanded containment system

APL's volume up 8%, revenue per FEU down 20% in four weeks

S&P downgrades Hapag-Lloyd outlook

Crude futures price down to $110,36 in London, in New York - to $85,92