News 2012 May 21

India in talks with US for LNG imports

Massive expansion underway at Incheon

Jumbo transports MOF caissons for Gorgon project

Lines secure GRIs with peak season surcharges

Indian Govt set to invest in port sector

Chennai Port to get two more rail lines

Vallarpadam project hit as dredging contractor stops work

Transtec-2012 Expo & Shipping Conference get support from Ministry of Foreign Affairs

Yangfan wins fuel-efficient bulkers order

Singapore, others to sell their stakes in Gwadar port to China

IOC proposes to set up 5 MMTPA LNG terminals at Ennore Port

Indonesia plans port to rival Singapore

Seago Line & Hamburg Süd added fifth vessel to the North Sea trade

HMS Westminster destroys pirate boats in Indian Ocean

d’Amico Dry orders six bulk carriers with options for a further six

Dutch captain leading EU anti-piracy mission

Iran Navy conducts 85 anti-piracy missions in 3 years

Total, ConocoPhillips lose battle to operate UK terminal

Chinese buyers default on coal shipments

Maersk Line raise Latin American cargo rates by 30 pct this year

Vladimir Putin unveils Russia’s government make-up

Motiva Port Arthur refinery reports malfunction

Refloat of Italy's Concordia wreck to be biggest ever

South African national oil company PetroSA turns to China for refinery project

Australia scales back Queensland coal port expansion

Croatia readies alternative LNG plan for next year

Vale in talks about second mega-ship hub in Asia

Work peaks on $150M Port of Vancouver project

Maxim Sokolov appointed as Transportation Minister

Workers and Yeysk Port likely to reach agreement, source says

Seaspan Q1 profit up 1.4% to $51.3m

Russia to lay down new serial composite multihull HSVs

PSA, Tianjin Port strengthen ties

Oil product sales on Russian stock exchanges reach 209,004 tons

Wreck removal plan presented for Costa Concordia

Rolls-Royce inks order to build fuel-savings OSV

Yantar Shipyard launches large landing ship Ivan Gren

Tanjung Priok completes port upgrades

Vinalines' former chairman arrested

5 dead as fishing boat sinks off French island

Port of Los Angeles container traffic up 6.1% to 2.58 million TEUs

Port of Long Beach box volume down nearly 6 percent

Crude oil price down to $107,14 in London, in New York - to $91,48