News 2016 May 24

TORM CFO Mads Peter Zacho resigns

Eastern Shipbuilding launches M/V HARVEY BLUE-SEA for Harvey Gulf

Coastal Cruiser 288 'HAI QIN' delivered to Zhuhai High Speed Ferry Company

New rules for application of port charge rates will come into effect on May 30, 2016

KOTUG Mozambique commences exclusive port and terminal towage services with two Rotortugs

Naryan-Mar small-sized ASW ship of the Northern Fleet accomplished training combat missions during exercises in the White Sea

Crowley signs $21 mln terminal construction contract in Puerto Rico

Golar LNG announces Golar Tundra acquisition and new $800 mln debt facility closing

Priority list numbers 145 projects on development of Russia’s Arctic zone, says Dmitry Rogozin

MOL (Korea) establishes Joint Venture Company with PANCON

COSPAS-SARSAT Council's 56th session held in Montreal, Canada

Introduction of Tier-III standard will increase ship owners’ costs by 40%, expert says (photo)

Overseas Drilling and TAMRF extend charter contract for the R/V ‘JOIDES Resolution’

HII secures $152 million Navy's contract for the third Ford-Class aircraft carrier (CVN 80)

Hapag-Lloyd implements a new Container Upgrade Fee for Brazil

Hapag-Lloyd implements General Rate Increase from East Asia to North Europe and Mediterranean

Viktor Vorobyov appointed as Director General of Arkhangelsk Sea Commercial Port (photo)

ICS publishes Annual Review

IMO's Maritime Safety Committee agrees requirements of SOLAS

Rolls-Royce to provide innovative propulsion system to yacht builder Benetti

Brent Crude futures price down 0.81% to $47.96, Light Sweet Crude – down 0.62% to $47.78

KSRC Simulation Centre carries out test simulation of tankers traffic in Sabetta (photo)

EU shipowners thank the Italian Maritime Rescue Coordination Centre for its efforts in search and rescue operations

CMA CGM announces new Westbound call at Port Kelang on REX 2

Baltic Dry Index down to 624 points