News 2016 July 14

Two mobile harbor cranes inaugurated at Cotonou

Busan Port Authority participates in the opening ceremony of the Panama Canal expansion

Indicative bunker prices are flat at the port of Saint-Petersburg (graph)

Volvo Penta’s innovative IPS system to be installed on an Italian ferry

NYK selected for FTSE4Good Index for the 14th straight year

Jan De Nul contracted to install 36 foundations for Borkum Riffgrund wind farm

Hyundai Merchant Marine completes all steps of restructuring process

Flag hoisting ceremony held at THSD Severnaya Dvina (photo)

Asia’s largest cruise ship ‘Ovation of the Seas’ to call at Busan Port

Port of Antwerp throughput in HI’2016 up 3.6%, y-o-y, to 108,317,922 tonnes

Carnival Corporation opens simulation and training center CSMART

LUKOIL Marine Lubricants opens new branch office in Hong Kong

Expansion of Germany’s largest container rail terminal completed way ahead of schedule

TTS Group signs new contracts for marine equipment

MABUX says no firm trend in bunker prices evolutions

BIMCO to review their current standard bunker contract

GE technology to power one of the world’s largest crane vessels

LR joins SEA\LNG coalition

Vladmorrybport OJSC is the first port in Russia to introduce an e-system for a pass application

ZIM to upgrade its Mediterranean West Africa service

M/V Mikhail Sveltov of Project Q-65 left for her maiden voyage (photo)

Keppel AmFELS delivers fifth jackup rig to Perforadora Central

MOL implements General Rate Increase from Asia to Southern Africa

Dutch Navy takes delivery of three Damen hybrid tugs

IFO-180 price is still high in the Far East ports (graph)

Fincantieri cuts steel for Holland America Line’s MS Nieuw Statendam

Russia’s bunker suppliers complain against actions of Central Energy Customs

CMA CGM to upgrade its EURAF 5 service

Brent Crude futures price up 1.08% to $46.77, Light Sweet Crude – up 1.32% to $45.34

Fincantiery holds keel laying for logistics support ship

Baltic Dry Index up to 726 points