News 2012 May 2

Port of Tallinn four-month traffic volume down 13.6 percent

Vladivostok Port first-quarter container volume up 2 percent to 98,66 TEUs

DP World reports 10% increase in container volumes in Q1of 2012

Sri Lanka may get more port investments by China Merchants

Zvezdochka Shipyard posts net loss for FY2011

Volga Shipping commissions two bulkers of RSD44 project

Supreme Court allows Italian ship to leave

Petronet to set up LNG terminal at Gangavaram port

Kuwait to start building six oil tankers in 2014

Thermal coal prices drop to $100 level

Port of Tallinn signs contract for LNG terminal study

Port of Charleston announces new container ship service to China

S.Korea approves CO2 trading scheme

Baltic sea index drops on tepid trade

COSCO Singapore wins semi-sub deal worth over $200 mln

PE fund Jacob Ballas invests $38 mln in MARG Karaikal Port

Transport supervisor unveils the cause of Kolskaya rig disaster

Strike closes DP World-run Aden port

ZIM to resume Asia-North Europe service

MISC axes 1,400 jobs

G6 Alliance dalays start of Asia - Europe service

FTS approves rates for Volga-Balt facilities service

Finance Ministry eyes transport tax increase for high-end yachts

ZNT Yard launches ninth dive boat Vodolaz Maleyev

Russian tariff service updates port charges rates

NYK posts full year loss of $907.39mln

Samsung Heavy records dip in Q1 profit

K Line posts full year net loss of $516.02mln

Brightoil issues profit warning

STX inks LPG newbuildings deal

Malaysian tug hijacked in South China Sea

ABN Amro opens office in Shanghai

Titan delays annual results

Viking O&M returns to the black

Police remove green activists from icebreaker Nordica

Cargotec opens new offshore service centre in Houston

Okskaya Shipyard launches product tanker of RST27 project for VFT

Tanker and ferry collision in Tuapse port

Death toll rises to 100 in Indian ferry disaster

Congestion of grain-laden ships at Ukraine ports

PortNews presents its new image

Seadrill orders new ultra-deepwater drillship for delivery in 2014

Australian billionaire to build Titanic replica

Crude oil price is up to $119,66 in London, in New York - up to $106,16