News 2012 March 22

Indian Oil Corporation to set up LNG terminal in Chennai

Croatia rejects bids in docks sale before EU entry

Hyundai Heavy targets $90 billion in revenue

Ust-Luga to export 300KT of oil early April

Iraq denies technical fault in new oil terminal

Hapag-Lloyd sees end to shipping companies' price war

Essar takes delivery of third mini-cape bulk carrier

Barcelona container traffic up 4% last year

Somerset shipbuilding company gets $389K federal grant

Damen Shipyards delivers Stan Tug 1205 to UK recycling and construction company S. Walsh & Sons

Rongsheng to deliver 10 giant ore ships to Vale this year

L&T may exit Dhamra Port JV with Tata Steel

South Carolina Ports' February container volume up 9%

ArcelorMittal, Usiminas confirm talks on Brazil port bid

APM Terminals orders Maasvlakte 2 equipment

SCI inducts vessel for offshore operations

NATO extends anti-piracy mission off Somalia until 2014

Shipowners decline to carry crude from Iran

Alphaliner doubts mega-ships to enter Trans-Pacific trade

Cayman Islands ships qualify as low risk

Egypt prevents attack on ship in Suez Canal

APM Terminals to invest $992 mln in Costa Rica

Portugal to start Viana Shipyard sale

Drydocks World sees contracts worth $350 mln

Oil-tanker supply falls to 21-month low

Iranian supertanker shows Southern Malaysia as next destination

Sri Lanka terminal lures back NYK

Otto Marine gets five-year charter contract

China Navigation orders four bulk carriers

Hanjin Shipping and Coscon to launch new service

Universal Shipbuilding to enhance R&D capabilities

China Rongsheng Heavy Industries proposes $570m bond issue

Yang Ming delays containership deliveries

Crude oil price is up to $124,2 in London, in New York - to $107,27