News 2012 September 11

Russian seaports’ throughput rises 4.7 percent

4 Korean sailors held hostage by Somali pirates for over 500 days

Transport Minister signs a decree on merger of two St. Petersburg educational institutions

Australia to ban giant fishing trawler

Baltic Shipyard suspends laying of 25MW icebreaker of Project 22600

Baltic index down due to lower panamax rates

Arb trades boost clean transatlantic tanker rates

SITC hopes to boost sales ninefold with Asian trade focus

Shell halts Arctic drilling after one day

Chubu Electric sees Japan's 2012 LNG imports at 83.4 mln tonnes

SGX launches OTC options for FFA and iron ore swaps

SITC sees good prospects on intra-Asia trade

RS introduces its new division at SMM trade fair

CMA-CGM makes $178m profit in Q2

GD NASSCO completes first MLP hull ahead of schedule

Mechel and STX ink long-term cooperation agreement

Europe, U.S. and Japan investigate shipping cartel

New Jakarta port toll road connection deal signed

Cosco unit to build accomodation semi for Axis Offshore

RS partners with GTT to design LNG carriers

Rowan exercises fourth drillship option at HHI

Fire brougnt under control on MC Amsterdam Bridge

India's east port's cargo traffic may rise 9 percent

SGX launches OTC options for FFA and iron ore swaps

Hapag-Lloyd suspends its service to Costa Rica

Vladivostok port's cargo traffic rises 9.6 percent

Cosco bags $200m accommodation rig newbuild

CMA CGM posts quarter profit of $178m

Trinidad and Tobago suspends bunker licence

Bunker prices remain mixed as week opens

SapuraKencana bags $45m Gulf of Mexico contract

Indian Govt plans new policy to promote shipbuilding

MV Pavit’s route remains untraced

Crude oil price is up to $114,81 in London, in New York - to $96,54