News 2018 July 25

Sovcomflot to play a leading role in NOVATEK’s Maritime Arctic Transport - Leonid Mikhelson

ABB accelerates logistics growth with acquisition of Intrion

Damen and Skoon Energy sign agreement for advancement of sustainable shipping solutions

220 ships dismantled worldwide in Apr-June 2018

MARAD announces more than $20 million in grants for U.S. small shipyards

USCG announces completion of Stretch Duck 7 boat salvage operations

Diana Containerships completes sale of a Post-Panamax boxship Hamburg

Sredne-Nevsky Shipyard lays down yet another minesweeper of Project 12700

Med Marine delivers a new 2350 ASD tugboat to its harbour fleet

Pioneer Marine announces expiration and final result of open market tender offer

MEYER WERFT and University of Groningen sign cooperation agreement

GSP commences works on Epsilon field development

Approach channel and ship-turning basin of Riga port cleaned for larger ships to enter city center

Diana Shipping announces the full repayment of the loan to Diana Containerships

Mega-carrier ‘Cosco Shipping Universe’ visits Port of Hamburg

Ecochlor secures BWTS contract for 55 Scorpio Tanker's product carriers

IMO Secretary-General Kitack Lim spoke at the ‘Maritime security in the 21st century’ symposium

Bunker prices at the Port of Saint-Petersburg, Russia, are recovering after a recent fall (graph)

PPA SA and Qingdao International Port Group sign MOU

Wärtsilä and Virgin Voyages sign ten-year Optimised Maintenance Agreement

Brent Crude futures price up 0.99% to $74.17, Light Sweet Crude – up 0.42% to $68.81

DP World to build and operate new logistics hub in Mali

ABS updates scrubber advisory, expanding latest set of comprehensive advisories for global sulfur cap compliance

LUKOIL completed drilling of first production well at Yury Korchagin field

Draft law on NSR administration approved in the first reading by Russia’s State Duma

Baltic Dry Index up to 1,774 points