News 2017 December 27

Zvezda Shipbuilding Complex construction project stages get the nod from Russia’s Glavgosexpertiza

BAE System Norfolk Ship Repair awarded Navy's DDG 79 modernization contract

Shipbuilding complex Zvezda will generate 6,500 new jobs

KHI announces extraordinary losses due to ISLAND NAVIGATOR contract termination

Damen Services Brisbane goes on the road

Saipem awarded additional offshore E&C works and new drilling contracts

Pella shipyard launched two medium-sized refrigerator trawlers of Project 1701 for Murmansk based companies (photo)

McDermott awarded EPCC contract for Tyra Redevelopment Project by Maersk Oil

KHI terminates the Island Navigator shipbuilding contract

Sembcorp Development increases stake in Vietnam JV

ZIM to enhance its Greece-Turkey Service (TGX) next year

Beginning of icebreaker assistance period announced at port Vyborg

Port Vysotsk (Leningrad Region) announces beginning of icebreaker assistance period

RF Government approves draft EEU agreement on shipping

Oceanographic research ship Admiral Vladimirsky enters Mediterranean

MOL jointly develops voyage information display system using AR technology leading to autonomous ships in the future

RF Navy’s missile cruiser Marshal Ustinov trained interaction with air force in Barents Sea, Northern Fleet

Brent Crude futures price down 0.45% to $66.16, Light Sweet Crude – down 0.35% to $59.76

Icebreaker Ilya Muromets leaves RF Navy’s Baltic base and heads for Barents Sea

Bunker prices are flat at the Port of Saint-Petersburg, Russia (graph)