News 2018 March 22

Global fuel market to remain relatively stable next week, expert says

Port of Klaipeda (Lithuania) handled 7.25 million tonnes of cargo in 2M'18, up 6% Y-o-Y

Transas to return all funds received under state support programme in 2016-18

Germany based firm offers AIS vessel management tracking systems preventing IUU fishing

Investments of Tuapse Sea Commercial Port in production development totaled RUB 343 million in 2017

Rolls-Royce completes the £1.3 million MAXCMAS research project

Nitrogen deposition in the oceans needs further study

Acta Marine newbuild successfully completed sea trials

APL starts new India Pakistan Express 2 Service

RF Transport Ministry defines procedure for approval of widespread minerals production at Russia’s IWWs

Open simulation platform launches with new partners

Volga Shipping Company named “Industry Leader” in “Cargo Shipping Company” nomination

Wärtsilä Seals & Bearings joins the Green Award scheme in support of clean environment

WMU Board of Governors meets in Turkey

MAN Diesel & Turbo partners with Hyundai to build new test-engine facility in Ulsan

Workshop on prevention and control of shipping and port air emissions being developed as part of GloMEEP-IAPH partnership

19 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on March 21-22

Russian Trade and Economic Development Council sign MoU to further strengthen commercial ties with Abu Dhabi Ports

Bunker prices are flat at the Far East ports of Russia (graph)

The Maritime Standard announces a special discount for the 2018 Awards

Brent Crude futures price up 0.01% to $69.48, Light Sweet Crude – up 0.09% to $65.23

Ukraine’s water transport carried 1,000 passengers in 2M’18, down 64.7%, Y-o-Y

Cargo transportation by Ukraine’s water transport grew by 41.2% to 0.3 million tonnes in 2M’18

Baltic Dry Index down to 1,117 points