News 2008 January 10

Free economic zone in Kaliningrad region proved efficient-Medvedev

Norway fines Russian ship captain for violating fishing rules

UCL Holding B. V. purchases 50% of Universal Transshipment Complex in Ust-Luga

Throughput of Petersburg Oil Terminal up to 11.5 million tonnes in 2007

S Korea may win third year of record contracts

Korea urged to build cruise ships

Arctic projects fuel Murmansk rise

Vietnam to build 1.5 billion dollar tollway to link Hanoi with seaport

Waigaoqiao throughput tops in China

Singapore moved record 27.9 mln containers in 2007

Hyundai to open new sea route with NYK

Bharati Shipyard to build greenfield shipyard near Dabhol

Maersk Line to cut 3,000 jobs

Hanjin builds $2-b shipyard in Mindanao

S.Korea C&Heavy wins $106 mln shipbuilding order

RZhD OJSC plans to increase freight turnover by 4.3% in 2008

Dubai World to up MGM Mirage stake

Sovcomflot eyeing shipping company

Russia intends to stay the leading seller of patrol caters and landing ships

Property Fund of Leningrad region puts up for sale 18.5% of Commercial Seaport Primorsk

S&P raises Gazprom Neft rating to "BBB-", outlook stable

Shenzhen's CCT volume up 14pc to 5.7 million TEU in 2007

Mecheltrans wins RZhD tender for sale of Port Temryuk production complex

PSA, APM Terminals to build new container at Saigon Port

Work on new Mumbai Port Trust terminal to begin by March

Oil price down to $94.37 in London and to $95.67 in New York