News 2013 July 16

Otto Marine incorporated a wholly-owned subsidiary

China National Offshore Oil Corporation signs PSC with BP

Cash-strapped STX division to get $2.6 bn from creditors

Bunker prices in port Novorossiysk up in early 29th week (graph)

Norway is first to sign Cape Town fishing vessel safety agreement

Igor Sechin briefs President Putin on Rosneft operations in Russian Far East

Aker Solutions acquires UK engineering company I.D.E.A.S

HATLAPA becomes part of Cargotec’s MacGregor

Safe Bulkers declares quarterly dividend on its 8.00%

Oil product exports via RPK-Vysotsk-LUKOIL-II up 16% to 5.7 mln t in HI’13

Cargotec acquires Hatlapa Group

Container Terminal Ilyichevsk (Ukraine) handles first ZIM container carrier from May’11 (photo)

Euroports Benelux & France announces the departure of Operations Support Director as of July

RSC Rotterdam terminal reaches 5-millionth cargo unit milestone

Bunker prices in Far East ports continue to grow in early 29th week (graph)

Essar Projects wins its maiden EPC contract from BPCL worth Rs550 crores

Port of Houston Authority recognized as best in the nation by Rail Association

Vopak and Magellan Midstream jointly assess development of Houston Gulf Coast storage

Throughput of Sea Port of Saint-Petersburg down 12% to 3.96 mln t in HI’13

Dryships announces Ocean Rig UDW Inc.’s entry into $1.8 billion term loan facility

RF President attended presentation of RGS' deep-water research programme

Baltic Dry Index down to 1,151 points

Oil price up to $109.09 in London and up to $106.32 in New York