News 2008 February 26

Russian Railways and Mechel sign agreement on cooperation

Moscow Arbitrage Court to consider setting up of commission in Volgotanker bankruptcy on March 4

N.Korea has not released Russian ship detained in Sea of Japan

Kuehne+Nagel takes over Beiersdorf’s Hamburg logistics facility

Protesters paralyse Cameroon port city, four killed

Port of Seattle to start up rental-car center

Dalian Port plans A-share listing to fund a capacity expansion

India plans to import 400,000 tonnes of palm cargoes in the next three months

State Fishing Committee considers the model of future fish exchanges

Maersk expands Far East - Middle East network

Brovig orders chemcarriers in China

Maersk bids for Mexican terminal project

Delays up on India's Chennai Container Terminal

FSUE PO Sevmash: official announcement

Russia could raise oil export duty to $340 per ton Apr. 1

Cargo transit via Ukraine up 1.7 times to 386.9 million tonnes in 2007

Russian ship arrested by N. Korea for border violation may be released Tuesday upon Pyongyang approval

Hungary to join Russia's South Stream gas project

Construction of oil port in Primorye is delayed

Zim plans US$500 million Hong Kong IPO in second half

CSAV Norasia adds loop and Malaysian call to VTX service

DB Schenker provides transport service to VW plant in Russia

CMA adds strings to Asia-India ME route

Ports in Nakhodka increase cargo turnover by 6% in 2007

Saudi Arabia to set up a new container terminal at Dammam

Panama Canal sees revenue in 2008 to increase by 10%

Russia builds three stealth frigates for India

Value of China marine sector to exceed 3 trillion yuan in 2010

APM Terminals invests N11.6bn in Lagos Port

Russia, Serbia sign South Stream gas pipeline deal

Oil price up to $97.69 in London and to $99.23 in New York