News 2012 August 21

Krasnoye Sormovo hands over to VF Tanker 6th tanker of RST27 project

Nevsky Shipyard starts mooring trials of a bulker of RSD49 project

Baltic index falls as capesize slips further

Hoegh LNG receives commitments from banks for the financing of Lithuania FSRU

China shipyard repairs Panama Canal damaged container ship

ILA to continue protest of non-ILA labor in Charleston

Yemen LNG says sabotage causes explosion at gas pipeline

ABS to announce technology partnership with ESRG

CSA signs Mingsheng leasing agreement

New feeder service to boost business at ICTT

Maersk sees 3% drop in Asia-Europe volumes

Bulker guided by private pilot hits a dam in Big Port St. Pb

CMA CGM revenue restoration program

Cruise ship rescues 70 from stricken Alaska tour boat

India's BPCL sells Oct-Dec naphtha at firmer premiums

OSR drills at Petersburg Oil Terminal (photo release)

Gazprom in talks to route South Stream through Croatia

Torm says survival depends on debt talks

China, Singapore wealth funds invest $1 bln in US LNG export plant

Yemen LNG says explosion at pipeline to Balhaf terminal

Macquarie downgrades NOL to underperform

S. Korea, U.S. launch war drills amid N. Korea protests

Landlocked Switzerland employs private maritime security

DSME bags five offshore platforms worth $2bn

Shreyas Shipping's feeder vessel makes maiden call at ICTT Vallarpadam

Westposts Malaysia eyes $1bn IPO

Newbuilding market woes hit Rongsheng as profits plunge 82% in H1

RS to class 22600 Project diesel icebreaker

Russian Gov't set to cut red tape in real estate

Sukhoi T-50 stealth fighter completes tanker plug trial

Port of Odessa handles the 8th car carrier

Canadian Navy planners trying to sell Ottawa on submarine replacement plan

Economic Development Ministry to monitor Russia's SEZ efficiency

Crowley buys two new Jones Act tankers from Aker Philadelphia Shipyard

Fincantieri's shipyard launches Royal Princes, its largest ship ever

Rongsheng withdraws Quangchai bid

Cruise ship takes on passengers from stricken Alaska cat

Antwerp to get €2.3 billion in refinery upgrades

Severnaya Verf to get RUB 6.7bn credit from Sberbank for shipbuilding projects

Mixed bunker price movements on Monday

Crude oil price is down to $113,7 in London, in New York - to $95,97

Aegean to set up physical bunker supply presence in Hong Kong

Maritime Labour Convention to come into force in August 2013