News 2012 March 26

Container lines freeze Europe-Asia bookings

APM Terminals plans to expand in eastern Africa

GAIL to double Dabhol LNG terminal capacity

TNK-BP said to sell ESPO cargoes to Gunvor, Shell

DP World to repay $3 bln October loan early with cash

Croatia seeks investors in shipbuilding in Russia

Maersk CEO's sick leave extended by 6-8 weeks

Slower steaming could cut ship emissions by 15%

Oman Shipping Company takes delivery of 'IZKI' at Daewoo Shipbuilding

UAE plans LNG import terminal on Gulf of Oman

Jebel Ali Port launches 3G communication service

Maersk sets new round of Far East rate hikes

Maersk may invest in $83 mln in Suez Container Terminal channel

Hyundai Heavy Industries plan to triple revenue by 2015

EU permits three-month insurance exemptions for tankers to Iran

Maersk boosts intra-Asia shipping operations

Cosco Corp signs $150 mln contract to build specialized vessel

Maersk suspends all North Europe-Asia bookings

Former Vinashin top executives to face trial

NYK-Hinode Line wins Ichthys supply contract

Cosco Shipyard inks contract to build jack-up vessel

Crude oil price is up to $125,13 in London, in New York - to $106,87