News 2011 October 24

Moscow to inaugurate three international maritime events in Nov-Dec

UCLH to inject RUB 19 billion in expansion of FSC’ terminal

St. Petersburg to hold major maritime events in October in 2011-2012

Stolt-Nielsen to acquire bulk-liquid storage terminal in Moerdijk

Arctia to convert multi-function icebreakers to meet US EPA Arctic regs

Azerbaijan and Kazakhstan to reconsider tariffs of merchant shipping agreement

UCLH mulls sale of shipbuilding assets next year

Port of Nantong throughput rises 14.5 percent in Jan-Aug

Maersk Line wins CSR award

More than 5 pct of the world fleet to adopt LNG propulsion by 2020

US ports demand access to $6 billion tax kitty

PetroChina Dalian LNG terminal to start up mid-November

Tacoma's container volumes up 2.7 percent in September

Singapore, India mull terminal in Andamans

China's Tsuji signs shipbuilding contract for LNG propulsion multipurpose vessel 2

Indian Navy vessel foils pirate attacks in Gulf of Aden

FSC handles first boxship under new technological scheme

Palmali Group takes delivery of fourth 7,100dwt Gobustan tanker of RST22M Project

OOCL has not cancelled its CCX, SCX, and SSX services as reported

BOEM approves first BP Exploration Plan to meet new standards

COSCO Dalian completes VLCC to FPSO conversion job

Rail Garant streamlines its business management

Russian nuclear-powered sub puts out for sea trials

Busan container traffic rises in September

Kaohsiung port container throughput down 4.4% to 767,783 in September

SITC International profit down 12.9% in nine months ended 30 September 2011

NYK revises H1 loss to $157mln

Austal to acquire Philippines shipyard

Union Pacific plans to invests nearly $3.3bn in its transportation infrastructure

FMC fines NVOCCs US$477,500 for contravening law to get lower rates

Fincantieri lays keel for 3,600 passenger Royal Princess

Container terminal negotiations get trickier

Crude futures price is down to $109,56 in London, in New York - grows to $87,4