News 2018 May 10

MM&P: Tug captains' safety concerns spark government investigation of Panama Canal Authority

Rosneft jointly with Partners starts up the third production unit of Zohr Project

Coast Guard to hold public hearing for Bouchard No. 255 Tank Barge incident

Metal cutting for 5th dry-cargo vessel of Project RSD59 took place at Nevsky Shipyard

Hapag-Lloyd employs sixth vessl in Mediterranean Canada liner service (MCA)

CMA CGM announces Emergency Port Congestion Surcharge in Zanzibar (Tanzania)

Rolls-Royce and Siem Offshore formalise long-term cooperation with five year deck machinery maintenance agreement

CMA CGM announces FAK rates for cargo from Asia to the Middle East Gulf

Throughput of port Riga (Latvia) in 4M’18 fell by 6% Y-o-Y to 11.4 million tonnes

Port of Antwerp and Fluxys team up for CO2 capture

Development of LNG infrastructure at Big Port St. Petersburg is a forward looking activity

MABUX: Geopolitics is a key driver for bunker prices’ upward trend

Van Oord’s Dig-It adds cable burial to service package

Six LNG bunker-supply ships to operate at the port of Rotterdam by 2020

Port of Liepaja (Latvia) handled 2.6 million tonnes of cargo in 4M'18, up 14% Y-o-Y

Meyer Turku makes profit third year in a row, plans to invest 200 million euros in development

Loading at Rosterminalugol in 4M’18 grew by 2.8% to 7.05 million tonnes (photo)

CSL and SMT Shipping team up in global cement shipping joint venture

DNV forecast: LNG to become the second most popular marine fuel by 2050 (photo)

Port of Tallinn announces its intention to list on Tallinn Stock Exchange

IMO’s Kitack Lim heralds new Global Ocean Institute

Bibby Offshore secures Spirit Energy contract

ABP South Wales prepars for busy 2018 cruise season

MOL plans to inaugurate in August new Maritime Academy for seafarers in Philippines

Brent Crude futures price up 0.73% to $77.78, Light Sweet Crude – up 0.77% to $71.69

Van Oord begins sand suppletion operations on Texel, Ameland and Vlieland

Russia’s State Duma approves candidacy of Dmitry Medvedev for the post of Prime Minister

Baltic Dry Index up to 1,465 points