News 2019 December 10

UN Climate Conference – ICS embraces 4th Propulsion Revolution

Cargo turnover within Volga-Don Basin of Russia’s IWW in navigation season of 2019 fell by 9.7% to 14.452 million tonnes

APG and TRIG acquire 100% interest in Merkur Offshore Wind Farm

Northern Fleet cruiser Marshal Ustinov moves to Northern hemisphere

Hapag-Lloyd announces rates from East Asia to North Europe

Baltic States aim to implement Rail Baltica project in rapid and coordinated way

Damen signs contract with EMS Offshore to supply new Shoalbuster 2711

COSCO SHIPPING signs strategic cooperation agreement with State Power Investment Corporation

London P&I Club announces senior management appointments in Hong Kong office

GTT notified by Hudong-Zhonghua Shipbuilding for the tank design of an LNG bunker vessel for MOL

Gazprom Neft expands lubricants production abroad

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

DFDS has acquired 100% of the Dutch logistics company Huisman Group

Throughput of Russian seaports in 11M’19 grew by 2.7% to 766.83 million tonnes

Research vessel Admiral Vladimirsky of RF Navy's Baltic Fleet reaches the Atlantic Ocean

APM Terminals Gothenburg takes another major step in their jour-ney towards climate neutrality

Ships powered by electricity can prove to be more economically efficient than ships running on LNG – Aleksey Rakhmanov

MABUX: Bunker market this morning, Dec 10

New low-sulphur bunker oil popular in the port of Rotterdam

Pella Sietas secures construction of icebreaker of ice class "Icebreaker7" and largest single order in company history

Igor Belousov, rescue vessel of RF Navy's Pacific Fleet, concluded its visit to Vietnam

Baltiysky Zavod concerned about possible delay in construction of Ural icebreaker amid slow delivery of turbines

Brent Crude futures price is down 0.17% to $64.14, Light Sweet Crude – down 0.22% to $58.90

Baltic Dry Index is down to 1,551 points

CSSC and DNV GL sign new strategic cooperation agreement

Alewijnse delivers complete portfolio on AMELS 60

Tramarsa purchases Damen Cutter Suction Dredger for 30-year strategy of expansion