News 2011 December 5

Drydocks World, AET sign vessel conversion deal

DP World plans $850 mln investment for Jebel Ali port

Qatar, Shell sign $6.4 billion petchem plant agreement

Besiktas Shipyard launches tanker Mugan for Palmali Group

MARINA supports ship recycling industry

Algeria's port of Bejaia paralyzed

Port of Singapore revises port dues for bunker tankers

Sri Lanka state port agency to sell $500mn bond

Bulgaria invites Hamburg Port Co to check out Port Varna

EU clears ArcelorMittal to buy ATIC port services

Hutchison Ports to start building Brisbane Terminal

NY-NJ expects container growth up 4 percent in 2011

Norwegian Car Carriers Q3 loss widens to $4.1 million

Hoegh LNG gets FEED agreement for offshore Israel LNG FPSO

Moody's downgrades CMA CGM

CEVA increases Global LCL services

Rolls-Royce seeks Petrobras rig contracts to boost Brazil sales

Maersk hikes rates from Asia to South America, Canada

Shippers turn to Chinese bank loans

Analysts expect Trans-Pacific rate rebound

Top Japan companies shed 10 pct of supertankers

Grand China Logistics resumes payment to shipping firm Vafias Group

Unusual drought stuck cargo ships on Danube river

Sinopec Kantons plans $450 mln rights issue for acquisitions

DP World opens upgraded terminal at Port of Dakar

Rosterminalugol terminal handles largest ever bulker

Chinese shipbuilder selects BALPURE ballast water treatment systems for LNG carriers

Samho Shipbuilding to resume operations

NOL denies bidding for Hapag-Lloyd stake

ITF targets China and UAE ships

Drydocks World bags AET tanker conversions

STX Pan Ocean VLOC newbuild suffers hull cracking

NOL resumes talks to buy Hapag-Lloyd

Ukraine’s Yuzhny port traffic rises 25 percent in Jan-Nov

Crude futures price is up to $109,94 in London, in New York - to $100,96