News 2008 January 29

Energy Ministry of Kazakhstan to introduce oil export duties from January 1, 2009

Trans-Flot acquires 18.5% of Commercial Seaport Primorsk OJSC

Finance Ministry: No plans for major tax cuts in next 3 years

CMA CGM invests in the port of Busan

The containerized cargo moved in Panamanian ports grew by 32.2% in 2007 to 4,003,731 TEU

Tallink Grupp reports a EUR 186.6 million turn over for the first quarter in its fiscal year

HPH in $530m deal with Port of Brisbane

CMA CGM plans entry into shipping market in China

Qingdao Port opens domestic trade container train

New Russian supertanker on Pacific trip

Ust-Luga port plans to raise its annual throughput to 120.6 million tonnes by 2015

Sovkomflot proposes three independent appointees to Novoship BOD

Peugeot Citroen signs deal to build car plant in central Russia

Russia raises 2008 crude price forecast to $74 per barrel

Administration of Primorski Territory eyeing construction of five container terminals

Throughput of Novorossiysk Commercial Sea Port up 2% to 80.9 million tonnes in 2007

Kingston is number one Caribbean box port

KGL plans to invest $500 million on port projects in emerging markets

GAC and GETMA International in global agency network tie-up

Ningbo ports handle 9.3 million TEU in 2007, up 32pc

Jiaxing throughput reaches 24 million tonnes in 2007

Zhangjiagang Free Trade Zone cargo volume exceeds 9 million tonnes in 2007

FM Logistic Group invests in mega logistics facility in Jiangsu

China's demand to logistics professionals to exceed 300,000 by 2010

Work starts on US$586 million Cape Town container terminal

Freight forwarders slam private CFS box charges in Kenya

Rotterdam port sees India expansion this year

STX Shipbuilding wins $215 million order

Oil price up to $91.38 in London and to $90.99 in New York

Japan's NYK Lines April-Dec net profit up 91 pct

Container movements through the port of Ashdod up 17% in 2007

The Port of Durban engages Kalmar for service solutions at Pier 1 Container Terminal

Panama Canal rises charges

Hyundai Heavy delivers most ships in January

Larsen & Toubro net up 40 per cent for the quarter ended December 31

Polish customs men to resume work due to PM mediatio

Norway's TTS Marine ASA receives NOK60m shipyard equipment order