News 2013 October 1

Cochin Shipyard launches the fourth Fast Patrol Vessel for the Indian Coast Guard

Chevron and Tohoku Electric sign Wheatstone LNG agreement

Cargo loading of Russian Railways down 3% to 924.3 mln tonnes in Jan-Sep’13

MES sets up its subsidiary in Singapore

The ship under the flag of Moldova detained in KOS (Greece)

Reactors installed at world’s first FNPP

MHI strengthening corporate governance in tandem with shift to domain-based organizational structure

Odfjell orders four gas carriers with options for additional vessels

Keppel secures two repeat jackup orders from Clearwater worth US$440 million

Jaya takes delivery of new multi - purpose platform supply vessel

Seaspan exercises options for five fuel efficient SAVER Design 10,000 TEU Class vessels

DMCA sets up UAE-German Maritime Majlis

President of the Senate of Mauritania visits the Port of Gdansk

Russian President signs amendments to the Tax Code and Law on Customs Tariffs

MHI receives order from JAMSTEC for wide-area seabed research vessel

MOL to launch biannual vessel safety campaign

SITC orders four 1.800teu boxships from CSBC Corp.

Bunker prices in Far East ports down in early 40th week (graph)

Bureau Veritas sets up Deepwater Technology Research Centre in Singapore

Intercontinental Marine presents new Black Sea service

MOL, Kansai Electric Power reach agreement on joint ownership of 2 new LNG carriers

Otto Marine charter two workboats to its Malaysia partners worth USD32mln

Yamal-Arctic 2013 completes expedition part of project

MSC Mediterranean Shipping Company announces GRI on cargo from North Asia to Australia

Dmitry Medvedev to visit the site of Ust-Luga port’s industrial zone

Oil price down to $107.98 in London and down to $102 in New York

Baltic Dry Index down to 2,003 points

NYK Bulk & Projects Carriers Ltd. begins operations

International Shipholding Corporation buys ITB from CIT and GE Capital