News 2018 July 12

Port of Los Angeles partners with Port of Antwerp to host simultaneous int'l "Hackathon"

DP World reiterates Validity of Doraleh Container Terminal Concession and Exclusivity Rights

High volatility in global bunker market, expert says

Throughput of port Vyborg in 6M’18 up 28% Y-o-Y to 781,200 tonnes

Maersk Supply Service completes tow of semi-submersible

Hapag-Lloyd announces port call change of Mediterranean Canada Service (MCA)

Throughput of port Primorsk in 6M’18 down 15% Y-o-Y to 26.76 million tonnes

Zelenodolsk Plant Named After M. Gorky lays down yet another small-size missile ship of Project 21631 for RF Navy

Chevron Marine Lubricants receives NOLs from MAN for use of ACOM with Taro cylinder lubricants

Teekay Offshore Partners announces expiration, final results of tender offer for its senior notes due 2019

Port of Los Angeles signs friendship agreement with three Italian ports

Throughput of port Vysotsk in 6M’18 declined by 1% Y-o-Y to 9 million tonnes

Damen begins work on Marine Aggregate Dredger dredging system

Throughput of port Shanghai (China) down 0.6% to 277.7 million tonnes in HI’18

GTT secures a tank design order from SHI for a new LNGC

Throughput of port Ust-Luga in 6M’18 declined by 4% Y-o-Y to 49.10 million tonnes

Throughput of Big Port St. Petersburg up 14% to 29.73 million tonnes in 6M’18

Sergey Grechishnikov, Production Director of ZNT Yard will be appointed as Managing Director of the company

Damen delivers two of four ASD 3212 tugs to Smit Lamnalco

Krasnoye Sormovo shipyard launches Pola Sofia,third dry cargo carrier of Project RSD59 built for Pola Rise

BMT secures new CTV order from Njord Offshore

International organizations focus on protecting fishers’ lives through ratification of IMO’s Cape Town Agreement

Vigor delivers third Hydrus class 400 passenger ferry to WETA

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

Brent Crude futures price up 1.8% to $78.22, Light Sweet Crude – up 0.68% to $70.86

BOURBON signs general waiver with lenders

Bunker sales at the port of Singapore in 5M’18 up 1.6% Y-o-Y to 21.43 million tonnes

Throughput of port Helsinki (Finland) in 6M'18 up 10.3% Y-o-Y to 7.67 million tonnes (table)

Baltic Dry Index up to 1,586 points