News 2014 June 18

IHC Merwede launches innovative Hi-Traq trencher

Eighth Armada type tanker of project RST22M built for Palmali Group is launched in Turkey

Transoil boosts oil cargo transportation to port Ust-Luga by 64% to 5.2 mln t in Jan-May’14

COSCONSEA, WANHAI, CSCL and PIL to jointly launch Direct Pakistan/Mundra Express ‘PMX’

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

TCG opens offices in Gijón to improve efficiency in the management of the terminal

FESCO acquires container terminal in Novosibirsk

Navios Acquisition announces delivery and employment of one VLCC

COSCO Container Lines announces Port Congestion Surcharge from Far East to Port Iquique, Chile on West Coast of South America

CNOOC and Shell sign a Global Strategic Alliance Agreement

Rosmorport and Shanghai Bestway Marine Engeneering Design Co. sign Memorandum of Intentions

First cargo transhipped on Maasvlakte 2

Intermodal Asia 2015 dates announced

The P3 Network will not be implemented following decision by the Ministry of Commerce (MOFCOM) in China

RF Transport Ministry and RINA (Italy) enter into cooperation agreement

Throughput of Vladivostok Sea Fishing Port up 9.1% to 1.36 mln t in Jan-May’14

James Fisher Marine Services Ltd (JFMS) signs exclusive market entry agreement for pioneering wind farm support vessel concept

CNIIMF welcomes international companies to join TRANSTEC 2014 Plenary Session

BAE Systems awarded contract modification for DDG 73 job

Bunker prices go down at port St. Petersburg (graph)

Port of Singapore wins 'Best Seaport in Asia' for the 26th time at the Asian Freight and Supply Chain Awards

Zavod Gidromekhanizatsii wins tender to build high-performance dredger for Russia's Border Service

Hapag-Lloyd to restructure the existing West Africa Service Network

Oil price up to $113.45 in London and down to $106.36 in New York

CNOOC and BP sign a 20-year LNG deal

Port of Klaipeda (Lithuania) welcomes 317-meter cruise ship Celebrity Eclipse (photo)

Kappel propeller designs ordered for multiple bulk carrier newbuildings