News 2016 June 21

General Dynamics Bath Iron Works christens Navy's guided-missile destroyer Michael Monsoor

Hamburg Süd receives award for its Asia – Europe Service at AFLAS Awards 2016

State Duma of Russia approves draft law on line shipping

State Duma of Russia approves draft law on differentiation of inland water ways

NAVTOR optimises passage planning efficiency and safety with NavStation

CMA CGM announces GRR from Asia to Mediterranean trades

Infotech Baltika commenced delivery of oversized heavy equipment from various factories in Omsk

NOVATEK shareholders approved obtaining of Yamal LNG project financing of up to USD 19 bln

USCG aids in prosecution of ship owner, operator and engineers of Gallia Graeca

CMA CGM announces GRR from Asia to North Africa trades

Golar and Stonepeak launch LNG joint venture Golar Power

Wärtsilä to recognise write-downs in second quarter results

Damen Shipyards Cape Town holds naming ceremony of second Shoalbuster 3009 for SMIT Amandla Marine

USCG announces new towing vessel regulations, Subchapter M

VOS Stone launched in China

IACS Chairman drives industry safety improvements

MOL to implement GRR from Asia to East Coast South America

IFO-180 is still in deficit at the ports of the Far East (graph)

New SCHOTTEL coating systems for maximum corrosion protection Rudderpropellers

CMA CGM implements GRR from all Asian ports to all Middle East Gulf ports

DNV GL launches new stability analysis tool that puts engineers in control seat

Monrovia Free Port enables 24-hour operations

PSA invests in 22 new automated guided vehicles

Icebreaker Polaris continues Sea Trials – first time driving with LNG

Meyer Turku delivers third vessel to TUI Cruises ahead of schedule

Cruise ship Seabourn Quest made her inaugural call to Passenger Port of Saint Petersburg (photo)

Brent Crude futures price down 0.04% to $50.02, Light Sweet Crude – down 0.82% to $49.55

Baltic Dry Index down to 582 points

CSSC becomes 100% owner of WinGD

Throughput of port Vyborg down 17% to 455,100 t in 5M’2016