News 2011 December 6

Chennai to get new box scanner

China to fund Costa Rica refinery revamp

STX confirms cracks in Vale ore carrier

Vale ore carrier disabled at Brazil port

Russian icebreaking tanker set to deliver fuel to Alaska town

South Africa coal exports fall m/m in Nov to 6.3 mln tonnes

China's Dongjiakou port to expand iron ore terminals

Estonian port, power grid to start on LNG terminal study

Maybank Kim Eng resumes NOL coverage with hold, S$1.10 target

Port of Hamburg opens office in Mumbai

MOL, Ocean Tankers, Maersk, Samco sign VLCC agreement

ThyssenKrupp close to sale of shipbuilding unit

Hyundai, Samsung may jump 80% on demand for oil drilling ships

Vietnam’s first deep-water port unveiled

German Navy Frigate FGS LUEBECK joins EU NAVFOR

Sri Lanka to invite more port industries

MAN signs contract with COSCO

Mediterranean Shipping Co cuts Asia Europe capacity

Ecospeed applied to two ice-going newbuild general cargo vessels in Croatia

Seadrill offers to acquire 28.5% stake in Sevan Drilling

TORM reach temporary agreement with its bank group

Australia to establish International Shipping Register

Container lines need to 'cold' idle ships, analyst says

Safmarine wins Ford Awards for service excellence

Rickmers Line starts direct service from India to Europe

Auckland to lose $15m with Maersk defection

SapuraCrest posts Q3 net profit of $38.1mln

Xiamen International Port Co buys stake in Xiamen terminal from APM

Philippine plans ports upgrade in 2012

Crude futures price is down to $109,81 in London, up in New York - to $100,99