News 2013 January 11

RF Government approves state program for transport system development

Baltic Index gains for sixth day on Panamax-rates rebound

LNG ship rates seen gaining on widening price gap through winter

Container shipping drops by 50 percent at Benoa port

Two missing after cargo vessel sinks off Sulawesi

VTTI to invest RM1bil more in Tanjung Bin oil terminal

New York ferry captain says mechanical problem preceded crash

U.S. attack submarine strikes vessel in Gulf

ICTSI approves unit issuing up to $750 million in bonds

Libya to secure oil ports after disruptions

Ranong port closes in on Myanmar deal

Mideast oil-tanker returns slide on speculation of fewer cargoes

New EU initiative to combat piracy in the Gulf of Guinea

Singapore 2012 bunker sales drop 1.2% to 42.7 million mt

PIL takes MacGregor cranes for Dalian newbuilds

Hosco boss calls for acceleration of ship scrapping

MOL and China Shipping close to mega LNG order

Singapore Port hits 31.6m TEUs in 2012

North American bunker price movements continue to lack direction

Yangtze river cargo volume breaks world record

Port of Dalian shipped 179,900 cars in 2012

Maersk Line positive but no need for new capacity

Brazil sugar awaiting loading at ports drops 25% in week

CSSC helps Egyptian shipbuilding development

Bunker price gains across Europe on Thursday

Oil product export by RPK-Vysotsk LUKOIL-II up 5.7% to 10.5 mln t in 2012

LNG-fueled cruise ferry delivered by STX Turku shipyard

GAIL to raise capacity at Dabhol LNG terminal

LNG plant in Nenets autonomous region to be put into operation by end 2018

Varandey terminal's exports of Russian oil down 20% to 3.12 mln t in 2012

Port Vysotsky LLC ups coal transshipment by 2.9% to 3.29 mln t in 2012

For next week expect oil prices to edge upward - forecast

Spanish oil firm plans €60mln investment

Inatech appoints European sales leader for Marine Solutions Unit

Russia’s Navy to receive over 100 new ships – Vladimir Putin

United Shipbuilding Corporation and Sovcomflot to build supply vessels for Sakhalin projects

Kaohsiung improves 2012 box throughput

STX OSV sells three PSVs to Tidewater

China Rongsheng claims litigation win

U.S. researchers working to commercialise micro-algae biofuel