News 2013 August 7

Seadrill enters into a forward agreement for 96,000,000 Sevan shares

UK warns shipping firms over Yemen

Odfjell Terminals enters into a Letter of Intent to purchase Chem-Marine Corporation

US Navy to scrap submarine Miami

Bunker prices in port Novorossiysk up in early 32nd week (graph)

Throughput of Sea Commercial Port of Illichivsk (Ukraine) down 14% to 1.054 mln t in July’13

COSCO Container Lines announces rate restoration for Far East to Middle East trade

Concrete works start at decking of container berth No3 in port Bronka (photo)

Strike of labour union VERDI may occur next week impacting the Kiel-Holtenau-Locks

Rowan reports net income of $82.8m in Q2 2013

NATO’s warship provides safe passage to world’s largest ship

COSCO Container Lines announces General Rate Increase for Far East to South America & Mexico trade

Rowan secures contract for its UDW drillship Rowan Reliance

Scorpio Tankers orders eight new tankers, takes delivery of 11th newbuilding

Capital Product Partners L.P. announces pricing of 11,900,000 common units

Essar Oilfields Services declares results for Q1FY14

Throughput of Baltic Coal Terminal (Latvia) down 5.1% to 2.84 mln t in Jan-July’13

Large capacity tanker SCF Yenisei set out from Murmansk to Japan along NSR (photo)

Port of Seattle Commission approves funding for Alaskan Way Viaduct Replacement Program

IAA PortNews issued new edition of its analytical journal “Port Service. Bunkering Market. Semi-annual report - 2013” on August 7

Baltic Dry Index down to 1,046 points

Euroports Italy handling the largest bulk cargo vessel ever to enter the Port of Venice

Dredging works commenced at port Sabetta

Navios Maritime Acquisition Corporation announces charters for four newbuilding MR2 product tankers

Coal Company Zarechnaya intends to raise its share in Baltic Coal Terminal to 100%

Scorpio Tankers Inc. announces newbuilding agreements for four LPG and four product tankers and delivery of its eleventh newbuilding MR

GD Bath Iron Works secures Navy contract for DDG 1002 works

Oil price down to $108.18 in London and down to $105.3 in New York

Throughput of port Tallinn down 4.2% to 17.2 mln t in Jan-July’13