News 2008 February 21

Tariffs for cargo transportation up 19.6% in Jan 08, y-o-y, in Russia

Sergey Darkin: "Primorye has real prospects to become leader in shipbuilding"

Estonia PM critises deal with China to build terminal

RF Trade and Economic Development Ministry develops proposals on differentiation of oil products export duties

Finnlines Group reports operating profit US$101m in 2007

Indian Sterling Group buys Norwegian JB Ugland Shipping

Maruti Suzuki, Mundra Port ink pact for mega car terminal

Malaysia's MMC signs MOU with MISC Bhd to set up a port joint venture

Odense shipyard to build two ro-ro vessels for Pacific Basin Shipping Limited

Brostrom reports a pre-tax result of EUR 48.3 million in 2007

Concordia reports net sales of EUR 49 million in 2007

Spain's FCC wins 15 mln eur Vienna river port contract

Cosco Corp's profit up 64 pct in 2007

Foreign flag vessels to be allowed to Russia’s internal waterways upon RF Government’s permit

Public hearing on construction of ESPO end point in Kozmino Bay to be held next week

Wagons accumulated in the port of Novorossiysk to be unloaded by weekend

Boat from missing ship found in Japan responsibility zone

Container throughput of Latvian ports up 17% in Jan 08, y-o-y, to 18,364 TEU

Seaport of Ventspils ups cargo turnover by 25,9%, in Jan 08, y-o-y, to 2,78 million tons

New unique automatic docking system for Fast Rescue Boats

Oil futures soared above $101 on NYMEX

Insurance premiums in the shipping industry rise by 30%

China trade surplus up 22.6pc in January

Aqaba Container Terminal sees box volumes grow 2pc in 2007

Panama Canal Railway boosts intermodal, passenger-rail capacity

Korea’s Might&Main plans Croatian shipyard purchase

Bunker tankers to be restricted at Indonesian car terminal

Pacific International Lines and Taiwan's Wan Hai Lines sign MOU for strategic alliance

Maltese shipping register reports new record

IMCL boosts DCT Gdansk’s feeder connections

Seaport of Klaipeda ups container turnover by 38%, in Jan 08, y-o-y, to 29,100 TEU