News 2016 May 16

COSCO (Zhoushan) Shipyard delivers 111,000 DWT oil tanker “FRONT LEOPARD”

Delivery of construction materials commenced for RF Armed Forces’ infrastructure facilities in the Arctic (photo)

Net profit of Northern Shipping Company in QI’2016 up 12.7%, y-o-y, to RUB 85.4 mln

COSCO Nantong extends the time for delivery of the rig

The expansion of the DCT terminal at the Port of Gdansk enters its next phase

Sea port of Odessa opened cruise season on May 12

Delegation of the Murmansk region will take part in the 6th International Forum “Marine Industry of Russia”

Passenger Port of Saint Petersburg welcomed 10 cruise ships last week

Kiel welcomes Holland America Line’s “Zuiderdam” first of five maiden visits this season

Average wholesale prices for М-100 HFO down to RUB 5,598 in RF spot market

Vallianz’s order book up to a record US$1.2 billion with new charter contracts worth up to US$ 210 Million

ABP announces £15 million investment in Hull Container Terminal

Icebreaking tugboat Pur left Murmansk for Sabetta

EMR signs 25 year deal and invests £3m in Port of Tilbury

Rosneft’s average daily hydrocarbon production in QI’2016 up 0.2%, y-o-y, to 64.0 mmtoe

Port of Long Beach container cargo volumes decrease by 22.1 percent in April 2015

COSCO Pacific Limited acquires a 35% equity interest in Euromax Terminal Rotterdam

Cargo transportation by Russian IWW up 7.4% to 11.2 mln t as of May 1, 2016

FESCO Group refinances its obligations with an international bank

IMO’s Maritime Safety Committee confirms ship construction rules for oil tankers and bulk carriers

Brent Crude futures price up 1.28% to $48.44, Light Sweet Crude – up 1.26% to $46.79

ABB's azipod propulsion debuts on Chinese icebreaker market after being chosen to power polar science research vessel

DP WORLD opens Turkey’s newest port

Kim Heng Offshore & Marine Holdings inks MoU with Iran Marine Fund

C&I Leasing Plc, Nigeria, takes delivery of four Damen Stan Patrol 1605 vessels

Three new residents of Free Port Vladivostok to invest over RUB 4 bln into Primorje

Baltic Dry Index up to 600 points