News 2015 July 16

Expert predicts downward trend in bunker prices for the next week

ABB wins $90 million in train equipment orders to meet rail demands in Europe, US

Shell to sell its equity interest in the Elba LNG joint venture to Kinder Morgan

Rosmorport deploys catamaran Sochi-1 on Anapa-Feodosia–Anapa line (photo)

Shipping industry updates guidance on large scale migrant rescue

Half-year throughput of NCSP up 2.1% to 70.2 million tonnes

ZIM to enhance its Asia-East Med services

RS Rules recommended as compliant with IMO GBS

ABB to provide power and automation solutions for oilfields off UAE coast

Creation of Free Port Magadan might help double GRP of Magadan region, local governor says

SINOPACIFIC wins the bid for constructing 9 AHTS vessels for ADNOC

The Freeport of Riga was visited by high ranking Ukrainian officials

The CMA CGM Group upgrades its EURAF 4 service and provides a direct service between West Africa and the Mediterranean

P&O Ferries adds 23,000 ton ship to its service in English Channel

Shtandart TT and Port of Rotterdam Authority terminate contract for tank terminal

Six-month cargo throughput of Gdansk port rises 11.8% to 17.2 million tonnes

North Stream-2 gas project participants may expand in the near future, Gazprom's Alexei Miller says

Russian Gov't adds to land-use planning scheme for transport facilities the construction of Far East marine terminals, LNG terminal in Vysotsk

SBM Offshore, Mitsubishi Corporation and NYK Line buy stake in JV companies incorporated for the purpose of owning and operating FPSO Turritella

Kaliningrad Sea Commercial Port half-year throughput falls 9.1% to 1.35 million tonnes

SC Ports announces 14% container volume growth for 2015 fiscal year

Russia to spend more than $242M on subsidies to encourage project investors in the Far East

Brent Crude futures price climbs to $57,55 in London, in New York Light Sweet Crude rose to $51.92 a barrel

NYK to jointly participate in Stones ultra-deep-water oil and gas project in the Gulf of Mexico

Self-designed 90-meter jackup started construction in CIMC Raffles

Baltic Dry Index gains 3.93% to 951 points