News 2012 April 4

FPS Hong Kong starts Hawaii service

Panama Canal locks lag schedule

Dubai World tests new insolvency law for its shipbuilding subsidiary

DP World Callao upgrades Navis SPARCS N4

Commission approves acquisition of Swedish maritime transport terminal Alvsborg by DFDS

Port of Antwerp CEO wins prestigious WPTS World Ports Award 2012

SCI announces the rationalisation of their India Sub Continent - Europe (ISE) Service

Nigeria loses $500m annually to wrong shipping policy

Baltic index turns negative for 1st time since late February

Piracy in Gulf of Aden cut by 60%, Nato official says

Kongsberg Maritime establishes Cybernetics R&D Groupo

Coastal Group opts for offshore AHC cranes from Cargotec

Singapore to add up to 4 mln bbls oil, chemical storage capacity

OOCL signs a 40 year commitment to the Port of Long Beach

Somali pirates release Iranian bulk carrier after 1 week

OOCL seeks second rate hike on Asia-Europe services

Novorossiysk may use 18 rubles bonds to refinance dollar debt

Russian-built nuclear submarine joins Indian navy

ADPC plans re-development of Shahama Port

Egypt halts tanker with Syrian oil for payment fees

MARG Karaikal Port's cargo volumes up by 26% in FY12

Seadrill orders a $650mln Arctic-ready semisubmersible from Jurong Shipyard

Tanker aground near Port Arthur refloats without damage

Most tankers sailing East since December - Wells Fargo

Tanker with Syrian oil passes through Egypt's Suez

APL plans to cut carbon emissions 30% by 2015

Kawasaki Heavy to raise stake in Cosco yard

Ezion inks service rig charter contract

Crude oil price is down to $124,86 in London, in New York - down to $104,01