News 2012 September 18

Iron-ore ships rebound as China spends $158 bln

Cosco eyes Arctic possibilities

Jebel Ali port’s Terminal 3 in modernization mode

Port of Liverpool names main contractor for £300m container development

Russia writes off 90 pct of North Korea's debt

Kuwait and Netherlands to strengthen cooperation in oil sector

JNPT terminates $1.5b terminal deal with PSA

Russian carriers get the go-ahead to buy fuel for transit ships in Baltiysk

Farstad takes delivery of PSV from STX OSV Vietnam

Bronka port’s dam set to be completed by the end of 2012, investor says

Hapag-Lloyd announces schedule changes on China-Pacific services

Sovcomflot says ex-manager sentence too harsh

IMO Secretary-General launches ‘Accident Zero’ initiative with IALA

World leading carbon storage research laboratories open in London

Höegh Autoliners secures new capacity from 2014

Neva-Metal’s cargo volumes rise 17 percent

MIT develops new magnetic technology for oil spills

Nordic Yards designs 1.400teu ice-class boxship

Vessel insurance: Iran can easily bypass embargoes

Glencore, Vitol, Shell win Rosneft's crude tender

Austal holds naming ceremony for second JHSV USNS Choctaw County

Alaska fuel spill: "Minimal amount" leaked

Shell postpones plans to start Arctic drilling until next year

Barbados enters into JV with Royal Caribbean Cruises

Brightoil Petroleum gets second VLCC

CSAV looking to order up to twenty 9,000TEU boxships

Hong Kong offers incentives for low sulfur fuel use

Taizhou Kouan Shipbuilding bags order to build two 76,000 dwt dry bulk carriers

Crude oil price drops to $113,43 in London, in New York - to $96,37