News 2011 December 2

Matson to raise rates for its Hawaii service

Sea-Alliance launches shipyard management service

EU clears ArcelorMittal to buy ATIC port services

Hamburg Sud, Seago Line expand cooperation

Dongjiakou Port to build two terminals for valemax ships

Maersk to end Chennai-North Europe service

Nigeria's Ibaka Port to start receiving ocean vessels from 2015

Mundra Port delivers record coal to Adani Power

Global piracy drops in November to lowest level in 2011: GAC

Orissa to develop four minor ports

Port dues in Rotterdam to stay at the same level in 2012

EU authorities to solve shortage of warships in Atalanta mission against piracy

Shipping may face curbs on credit by European banks, ICAP says

USC and Rosmorport sign a RUB 20.4bn contract for 4 icebreakers

South Africa may seek bunker fuel carbon tax relief

USC regains control over Baltic Shipyard

UIC denies transfer of Baltic Shipyard’s shares to CB or USC

Russia to start building new Borei-A class subs in 2012

Baltic Coal Terminal’s throughput soars nearly twofold in Jan-Nov

FSL Trust secures $479.6m term loan

Martek Marine opens Singapore office

CMA CGM and MSC form partnership

Pacific Basin expands to South Africa

Precious Shipping cancels supramax order

Bourbon installs semi-submersible wind turbine

Pacific Fleet ships call at Djibouti port

IMO Assembly adopts wide range of resolutions

Crude futures price is down to $108,99 in London, in New York - up to $100,2