News 2012 June 13

Hong Kong places third after Shanghai, Singapore in box port rankings

Chennai port loses out to new facility

FPS Lanka launches warehouse, 3PL operations

LA, Long Beach ports raise fees

KNOC to start operating Yeosu oil storage terminal in January

Box Ships enters agreements to acquire two container vessels from OOCL

Singapore bunker sales increase to the most in 17 months

Russia's first-quarter GDP rises 4 percent

Baltic index rises on higher panamax rates

EU to not cancel or delay a July 1 embargo on EU countries providing shipping insurance for Iranian oil shipments

Completion of Mumbai container terminal slated for December

Statoil buys oil production vessel from Maersk

Total's Port Arthur refinery unaffected by brief fire

Norilsk Nickel resumes Arctic shipments after seasonal halt

Port of Virginia box traffic rises 12.6 percent

India took 1.4 mln T S.Africa coal in May

Glencore wins Rosneft Q3 Urals tender ex-Ust Luga

Maersk Line names Stausholm new CFO

Rongsheng keeps rolling out two more Valemaxes

Klaipeda Port traffic volume dips 9 percent

Updated port charges rates in Russia’s ports go into effect

Incat Crowther announces delivery of Chinese-bult 35m Catamaran Passenger Ferries

Finland’s HaminaKotka five-month traffic down 7.9%

CSAV to raise rates from India to S. America and the Caribbean

OOIL releases its first Sustainability Report

APL suspends booking of Riyadh-bound shipments

MOL set to scrap, lay up over a dozen of Capsize bulkers

Port of Singapore five-month traffic climbs 1 percent

Gottwald to supply 36 Battery Lift-AGVs to APM Terminals

First U.S.-flagged ship to carry overseas cargo from Port of Milwaukee

AMPOL presents sunken oil recovery system

Port Nikolaev’s five-month cargo volume soars 46 percent

Yinson Holdings gets FPSO charter contract

APM Terminals orders 28 Kuenz automated cranes

Greatship sells offshore vessel

Dongfang Shipbuilding delisted from London

Yangfan Shipbuilding bags bulkers order

Diana Shipping in time-charter agreement for MV Protefs with Cargill

Miclyn withdraws from $33m Saudi Aramco contracts

L&T Shipbuilding wins offshore vessels order

NYK raises $503m from bond issue

Kreuz secures offshore contracts worth $142m

Pakistan's new dry bulk cargo terminal gets IFC financing

Port Vanino five-month cargo volumes flat, at 2.2m tons

Japan threatens WTO action over Indonesia nickel ban

Crude oil price tumbles to $98 in London, in New York - to $82,7

MOL to scrap and cold lay-up 10 to 20 capesizes