News 2012 May 16

VF Tanker accepts delivery of second serial ship of RST27 Project

Sea Port St. Petersburg reports first-quarter profit of RUB 133.23m

Malaysian ports to handle 21.18m TEUs this year

Daewoo starts construction of world’s biggest container ship

Vale assures China no retaliation for huge ship ban

HII lands $133.7m AP contract for Amphibious Transport Dock LPD 27

Malaysia's Petronas Gas to spend $324.62 mil on Sabah regasification terminal

Groot Ship Design wins unique contract for design of livestock carriers

Maersk signs contract to stay with Port of Seattle

$1.2bln port redevelopment project to create 14,000 jobs in Long Beach

Ghana to reclaim sea for Tema port expansion

Iran’s commercial fleet transports 30m tons of goods

Turkish commandos capture Somali pirates

South Africa signs IMO anti-piracy Code

Baltic sea index drops on low activity

LNG-fueled ship orders up 26% in six months

TORM sells shares in JV entity that owns TORM Ugland

Ports of Los Angeles and Long Beach April throughput up 1.8 percent

Maersk Line predicts tough year

Rosgranitsa to set “Big Port St. Pb” checkpoint limits in June

Long Beach begins construction of Middle Harbor project

RCL's first quarter loss down to US$15.74m

Rosneft bunkering operations in the first quarter 2012

APSEZ annual profit up 20%

Courage Marine narrows Q1 net loss

STX PO invests $80m in heavy lift shipbuilding

Mermaid Maritime wins contract extension

Port of Los Angeles receives two construction awards

Kreuz Holdings utilises $6.3m from placement proceeds on DSV

MISC's liner exit pushes it deeper into the red

Sungdong Shipbuilding bags livestock carrier newbuilds

Singapore shipowners welcome EU air strikes on Somali pirate bases

Russian lawmakers validate Maritime Labour Convention 2006

Hanjin to hike Peak Season Surcharge on westbound Asia-Europe shipments

San Francisco Bay Ferry to launch East Bay service

Arshiya International's profit soars 43 percent in FY 2012

Vostochny Port throughput rises 6 percent in January-April

APSEZ emerges as fourth largest port in India

STX OSV expects to benefit from demand for larger, more complex vessels

Siemens wins to equip Maersk boxships with eco-friendly propulsion and power generation system

Crude oil price up to $112,24 in London, in New York - down to $93,98