News 2016 November 3

HII to acquire Camber Corporation and establish new technical solutions segment

Throughput of Rostov-on-Don port up 14.8% to 16.53 mln t in 10M’16

IMO to consider phasing in designated fuel sampling point for verifying MARPOL compliance

HII to establish office in Australia, hires VP of business development

Drydocks World wins The Shipyard of the Year award

TEUbooker launches online container transport booking portal

Growing pessimism on possible output cut agreement may push bunker prices further down, expert says

PortXL is looking for new port-related start-ups

INMEX SMM India gears up to present a reliable platform for the Maritime and Shipping sector

AS Tallink Grupp statistics for October 2016

Coal exports from Russia up 20.2% to 135.77 mln t in 10M’16

Euronav buys out joint venture partner for full control of VLCC V. K. Eddie

MEPC 70 approves IMO ‘roadmap’ for GHG reduction strategy

Russia's crude exports up 3.5% to 210.72 in 10M’16

Major explosion at Gadani shipbreaking yard in Pakistan kills at least 21 workers

Commander-in-Chief of the Russian Navy Admiral Vladimir Korolyov has arrived in China on a working visit

Jawar Al Khaleej Shipping signs order for three Damen vessels

Cooperation Agreement between Fincantieri and Huarun Dadong Dockyard becomes operational

Fuel oil prices are still high at the Far East ports (graph)

Maersk Line reports loss of USD 116 million in Q3 2016

Eimskip signs an agreement to acquire the shipping and logistics company Nor Lines

Brent Crude futures price up 1.13% to $47.39, Light Sweet Crude – up 0.93% to $45.76

Hyundai Heavy Industries and KEPCO receive AIP for 2MW Supercritical CO2 Power Generation System

OCEAN Alliance sets out network

Rosmorport announces tender for maintenance dredging at port Taganrog

Baltic Dry Index up to 834 points