News 2008 January 28

EBRD buys into Russian Railways' subsidiary

Russia detains Norwegian vessel for illegal fishing

China aids search for Russian ship

US Gulfport gets $600m for expansion

DP World upgrades berthing in Chennai port

Vinashin starts construction of three biggest shipbuilding and repair factories

Aker American Shipping raises $80 mln via book-building exercise

Ice ridges block 30 vessels at the mouth of Volga-Caspian canal

Polish customs strike hits the country's eastern border

RZHD investment into development of railways capacity totals RUR 31.6 billion in 2007

Philippines to ban single-hull vessels in April

Taiwan Maritime Transport Co seeks to hire more supertankers

Middle East tanker rates poised to rise

RF Transport Ministry proposes to give the status of seaports to estuary river ports

Naples to get new container terminal

Far Eastern Freight Conference volume up 19pc to Europe

Australian containerised wheat exports up by 500pc since August 2007

Bahrain's new port plans to triple box volume in five years

BIFA pleased with FEFC's dropping of UK congestion surcharge

PRISCO’s fleet has been added one more tanker

New surcharges at Pakistan's container ports

Jafza to invest $250m in new industrial zone

Oil price up to $90.90 in London and to $90.71 in New York

Yemen and the World Bank discuss establishing new seaport in Hadramout

JSW Steel Group plans to set up deep sea port in West Bengal

Greece starts port tender in the northern city Thessaloniki

YR 27.8 bln exports via Aden seaport and airport in 2007

Primorye fishermen ask Zubkov for support

Passenger ferry damaged after hitting pier in Sweden