News 2008 March 11

The ports of Baltic states increased throughput by 0.5% in Jan 08, y-o-y

Throughput of Temryuk port up 40% y-o-y, in Jan-Feb 08, to 226,610 tonnes

Throughput of port Kavkaz up 0.3% y-o-y, in Jan-Feb 08, to 739,800 tonnes

Throughput of Liepaja port up 27%, Ventspils – 15.6%, in Jan-Feb 08, y-o-y

MOL to launch three new Asia-Middle East services

Lemissoler (Bahrain) acquires five vessels and plans to buy 8 container ships

Norway's John Fredriksen says 75 pct of TUI shareholders back his spin-off plan

Cargo transportation of North Western Shipping Company up 6% in 2007 6.2 m t

South Korean Daewoo, Oman plan $20 bln deal in April

Namibia unveils master plan for Namport

BMW expansion to boost Port of Charleston

ICTSI plans to build new container terminal in Colombia

Pietro Barbaro SPA to invest $80 million into Russia’s tanker fleet

Throughput of Archangelsk seaport up 10.8% y-o-y, in Jan-Feb 08, to 0.7 million tonnes

Russia boosts exports of non-ferrous metals

Russia's new oil blend tops $100 per barrel on global markets

Throughput of Port Vysotski LLC makes 613,600 tonnes in Jan-Feb 08

Throughput of Commercial Port of Vladivostok up 56% y-o-y, in Jan-Feb 08, to 1.1 million tonnes

Far-Eastern customs transferred to budget RUR 23.5 bln

Daewoo Shipbuilding wins $602 mil container ship deal

China launches world's 1st e-tagged international container route

Chemoil plans to expand its GPSChemoil terminal in Fujairah

Singapore launches Wiseport project

China and Russia will hold boundary monitoring of water quality

Evergreen eyes APM Terminals' Virginia terminal

COSCO Pacific takes more stake in container maker CIMC

Aqaba Container Terminal handled 44750 TEUs in February 2008

Orsova Shipyard (Romania) net profit in 2007 up by 3.48% YoY

STX Shipbuilding plans sales of USD 3.17 billion in 2008

Daewoo Shipbuilding 2007 net up by 450% YoY

Shanghai sees 2008 container traffic up 15 pct

Shipping Corporation of India plans JV with ABG for mega shipyard

Essar group to bid for deep sea port in West Bengal

Oil price up to $104.16 in London and to $107.90 in New York

Storm batters France and UK