News 2012 April 2

Indian shipyards may sink without government support

APM Terminals announces innovative terminal design

Panama Canal prequalifies three bridge bids

Newcastle gets new grain terminal

Chemoil Adani eyes more ports for its bunkers

Ukraine to build LNG terminal at Port Yuzhnyi

Vale says giant ore ships to win China approval in months

Cosco to launch Asia-Houston service

Chinese VLCCs to be fitted with Solar Solve blinds

Russia considers delay of Sovcomflot stake sale

BBC Chartering starts new Europe-Asia heavylift service

Exit the liner business to cut MISC losses

Adani Enterprises plans to buy 17 more ships by 2020

Bahamas joins in signing declaration condemning acts of violence against seafarers

Imtech Marine signs agreement to become Global Xpress reseller

Avic Singapore wins $60m shipbuilding contract

Maersk Line to rise rates on Far East Asia to United States services

Dubai Drydocks World tests new insolvency law

Cruise ship heads for Malaysian port after engine fire

ICTSI to buy 35 pct of Pakistan terminal

Canadian shipyard gets government finance for naval ship construction

Finnish companies hope to join forces with planned new St. Petersburg shipyard

ICTSI bags subsidy for Poland port expansion

Six Iranian oil tankers seen storing at sea

Malta delists Iranian tanker breaching Syria sanctions

PSA International posts net profit of $906.93mln for 2011

STX OSV bags $211m shipbuilding contracts

Otto Marine raises stake in Go Marine

Berlian Laju Tanker's Indonesian arm delays financial results

Former Vinashin chairman gets 20 years in jail

NOL postpones bond issue

Crude oil price is up to $122,88 in London, in New York - up to $103,02