News 2016 August 25

Tuco Marine reveals a new Arctic Workboat Daughter Craft

Scania will introduce marine engines meeting the requirements of TIER III

The logistics division at IMPERIAL continues to grow

Royal IHC upgrades underwater pump-unit TSHD for Van Oord

BMW Group Brazil celebrates first shipment to the US

Gazprom Neft reports IFRS financial results for 2H and 1H 2016

Kalmar wins further forklift order from Algerian port procurement company GICEP

Foreship establishes Tallinn subsidiary

Yet another regular ocean link between the Port of Gdansk and Asia

Norsepower receives €2.6m funding to develop the world’s largest rotor sail

ESL Shipping’s ice-strengthened supramax vessel Arkadia contracted to transport iron ore from Canada to Germany

Damen and AEC Maritime join forces for scrubber solutions

Renewable energy business triggers busiest period at the Port of Ayr in 25 years

Höegh Autoliners names latest newbuilding

Baltic Workboats completed its first all-new 22-metre wave-piercing aluminium patrol boat Patrol 2200 WP for Belgium Customs

Klaipeda Seaport cargo handling turnover increased by 4.2% to 23.15 mln t in 7M’16

The Australian Maritime Safety Authority’s next gen search and rescue satellite tracking system is now operational

Sovcomflot’s H1 2016 net profit down 23.3%, y-o-y, to $165.9 mln

ABB’s Marine Academy launches arctic course in response to strong demand

Lucas Marine partners with Harbor Breeze Cruises to reduce fuel costs in L.A. & Long Beach Harbors

Bunker prices go up at the Far East ports (graph)

"K" Line enhances Asia/India/Pakistan services (PMX/PIX)

Barque Kruzenshtern takes part in Black Sea Tall Ship Races 2016 in the year of her 90-year anniversary (photo)

OOCL announces withdrawal on the North Pacific 3 service

Brent Crude futures price up 0.04% to $49.03, Light Sweet Crude – up 0.04% to $46.79

AS Tallink Grupp published unaudited consolidated interim report for Q2 2016

MSC launches new direct service from Middle East-Pak-India to East Africa

Tallink Grupp states QII profit of EUR 36 mln

Baltic Dry Index up to 706 points

Secret corporate structures rife in North Sea Oil - ITF