News 2012 June 1

BP announces plans to sell its stake in TNK-BP

Transportation Ministry issues draft order on classification and inspection of ships

Iran's sanction-beating grain trade seen ready to help Syria

Huntington Ingalls wins $2.38 bln ship deal

Mumbai Port to set up facility to tackle oil spills

Ship manager to pay $1.2 million in pollution case

Indian officials visit JNPT

Shell contracts LoneStar Marine for Mars A TLP living quarters

Maersk Line postpones Asia-Europe surcharge

South Carolina to inject $180m in Charleston dredging

Okskaya Shipyard launches second vessel of RST27 Project VF Tanker-12

Cai Mep International Terminal sets productivity record for Vietnam

Syria turmoil hits container imports

Maersk to restructure, terminate 400 jobs

China may build five berths for Valemaxes

Titan cuts costs, terminates five bareboat charters

Russia creates Far East Development Ministry

Rosmorport’s pilots participate in escort of Berkut rig’s GBS

Port of Montreal box traffic up 3.6% in 2011

Bureau Veritas Certification OKs LUKOIL-Bunker’s management system

Crude exports via BTC to reach 20mln bbl in June

Wärtsilä supplied dual-fuel technology to 100 LNG carriers

Daewoo Shipbuilding Q1 net profit down 68% to $71.5mln

Global Carriers narrows Q1 net loss to $1.5m

Malaysian Bulk Carriers posts Q1 net profit of $9.72mln

HUBLine posts Q2 net profit of $864,500

Sembcorp Marine may appeal court ruling

Keppel clinches Maersk Drilling rig order

Wärtsilä sells 40% stake in MW Power JV to Metso

B+H Ocean Carriers announces filing and intention to restructure

MHI and Imabari Shipbuilding team up to advance containership technology

Seadrill raises over $200m from SapuraKencana divestment

USC confirms signing of contracts for Borei class subs

Crude oil price falls to $101,88 in London, in New York - to $86,53