News 2012 October 16

Latvian small ports traffic down 8.4 percent

New shipowner venture established in Dalian

U.S. Navy begins investigations of cruiser, submarine collision

No Aussie container growth in 2013, says DP World

India seeks IMO's intervention in releasing 43 sailors held captive by Somalian pirates

Norilsk Nickel’s ships are plowing the Northern Sea Route

Phoenix Petroleum acquires Chelsea Shipping Corp.

Reliance beats Sinopec as exports lift refining

Port of Los Angeles container throughput up six percent in September

Cosco Shipping posts Q3 results

Singapore to construct mega port at Tuas

Transatlantic clean ship rates capped by slower bookings

Rosterminalugol coal throughput reaches 11 mln tons

Frontline terminates OBO charter contract with Ship Finance

Containerized imports volume up at Los Angeles, Long Beach

Maersk cuts ‘daily’ service to five times a week

CMA CGM Foundation launches its first major operation in Africa: Containers of Hope

Aker Solutions officially opens Malaysian subsea service base

RUMI to host International conference in Moscow, Nov 22

Dockwise reports $56 million in new contracts

VBT takes delivery of V.F.Tanker-8 of Project RST27 from Krasnoye Sormovo

CMA CGM launches its new “Citrus Express” service

China takes control of Pakistani port as Singapore bows out

KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio

Xiamen port readies for 150,000-ton vessels

Subsea 7 awarded $300m North Sea contract

Port of Tuapse cargo traffic down 11 percent to 12.4 mln tons

RUP allocates 6,000 sqm for new checkpoint construction

Evergreen delays newbuilding plan

NCSP Group throughput grows 3.5 percent to 121.3 mln tons

EU tightens Iranian oil, maritime sanctions

PGS orders another two Ramform Titan Class vessels

BAE completes a module of first aircraft carrier for the Royal Navy

Jiangnan Heavy warns of Q3 loss

GL North American Committee meets in Houston

UL UTC throughput soars 30% to 2.2 mln tons

Cleartrade launches bunker swap contracts

Humen port to bag over RMB8.4bn in logistics projects

Carlyle Group drops bid for Virginia port operations

Cruiser, submarine back in port after collision

Negotiations on port dispute continue

Bunker prices mostly steady on Monday

Crude oil prices up to $114,4 in London, in New York - down to $91,85