News 2008 February 14

Railway transportation of large-capacity containers up 17% in 2007 to 1.4 million TEU

Fesco rated at B1

APL launches a new feeder North Baltic Express service

Vopak plans strategic joint venture with First Reserve for a 3 million cubic meter terminal in the Bahamas

Abengoa Bioenergy starts construction of a bioethanol facility in Rotterdam Europoort

Bunker sales in the port of Gibraltar rise 8.4% to 4.32 million mt in 2007

Singapore container throughput in January up 13%year-on-year

Russia seeks to prove it has right to part of Arctic shelf

Сeremony on keel laying of bunker barge

Russian Railways to invest RUR 1 trillion into infrastructure of the Northwest Federal District till 2030

Kenya Ports Authority lost over $14.9m under post-election violence

Maersk to close Charleston customer service centre by August

Container Finance JV to build Yanino terminal

Throughput of Nakhodka port up 22.4% in Jan 08, y-o-y, to 1.4 million tonnes

Throughput of Vostochny port up 6.3% in Jan 08, y-o-y, to 1.7 million tonnes

Unithai terminal (Thailand) expects 70-percent jump in container throughput in 2008

Qingdao Port sets new world record of container operation

RF Transport Minister Igor Levitin heads BOD of Managing Company Murmansk Transport Hub

Oil price up to $93.32 in London and to $93.27 in New York

Caribbean tanker rates fall to 4-month low

Essar Shipping, India Shipping merger in 32:100 ratio

Thai Precious Shipping reports 12 percent rise in 2007 net profit

Horizon Lines reaps the benefit of fuel and emission savings from the CASPER Service

Transshipment of Belarusian potash fertilizers through Klaipeda Seaport may be increased

Pipapav Shipyard bags $1.06 bn order for 26 panamax carriers

EU trade head warns Russia against hiking timber export duties

Hapag-Lloyd revamps north Europe to Greece, Turkey service