News 2014 June 10

Aker Philadelphia Shipyard and financial sponsors create Jones Act shipping company, Philly Tankers

Bunker prices in Far East ports slightly down in early 24th week (graph)

Environmental permit granted for LNG terminal in Gothenburg

Zvezdochka Shipyard set to manufacture more propulsion units for vessels built in Russia

World’s first LNG fuelled icebreaker to be powered by Wärtsilä dual-fuel engines

IHI secures contract for two SPB tanks for LNG FSRU from Wison

VARD and Solstad Offshore contract for subsea construction vessel goes into effect

Special economic zones to be established in all ports of Ukraine’s Odessa region

Ust-Luga Company wins Tallinn-Seskar leg of Ust-Luga Cup

Dorian LPG names Tim Hansen as Chartering Manager

Three new overpasses improve traffic and expand capacity of Roberts Bank Rail Corridor

Vostochny Port achieves record high result in May 2014

MHPS and Daewoo E&C sign agreement for supply of core components for Korea's GTCC power generation plant

Rosmorrechflot takes delivery of two buoy tenders of project 3050 (photo)

GD's NASSCO gets $64 million contract modification for MLP4

SASCO increases liner tariffs for Vladivostok/Vostochny-Korsakov line from June 20, 2014

SAAB secures contracts for underwater systems from FMV

Baltic Dry Index up to 999 points

Fluidmecanica supplies towing equipment for multipurpose tug "Kwanza"

Throughput of port Liepaja (Latvia) up 8.8% to 2.26 mln t in Jan-May’14

Sinopec Group accepts delivery of jack-up drilling rig "New Shengli 1" from CIMC Raffles

Oil price up to $109.99 in London and up to $104.41 in New York

Capacity of Volga-Baltic Waterway to be doubled by 2020

Average wholesale prices for М-100 HFO down to RUB 11,295 in RF spot market