News 2008 March 31

Putin signs Law on Russia’s ratification of agreement on privileges and immunities of the Baltic Commission (BMEPC)

Gulftainer launches additional new service at Sharjah Container Terminal

Japan transport firms eye emerging markets

Posco E&C signs US$112 mln Vietnamese terminal deal

Jawaharlal Nehru Port Trust's board clears fourth container terminal project

Post panamax vessels threat to New York trade

Portland port volume declines in February

Singapore to extend its port dues waiver for new double-hulled bunker tankers

Port of Melbourne probes fuel spill

Greek Thessaloniki Port profit up four-fold in 2007

Fishing banned in Durban's port

Putin signs Law ratifying agreement between RF and Norway concerning Varanger Fiord

Hamburger Hafen und Logistik AG reports profit for 2007

Spetsmornefteport “Primorsk” ups transshipment of crude oil by 1% to 11.9 m t in Jan-Feb 08

Export by Russian railways via ports of Russia, CIS and Baltic states up 4% to 256 m t in 2007

Volgograd Shipyard launches fourth ship project RSD 19 for Irinvestship Limited

Sea Port of St. Petersburg ups cargo handling by 7%, y-o-y, to 8.56 m t in Jan-Feb 08

RPK-Vysotsk LUKOIL-II to handle 12 million tonnes of oil products in 2008

Bulgarian government to build 500,000 TEU container terminals in Burgas and Varna

Grounded Sakhalin refrigerator Kurilsk brought afloat

Oil price down to $103.77 in London and to $105.62 in New York

Mundra Port to signs JV pact with Maruti

Finland PM considers state stake in shipyards

Daewoo Shipbuilding may increase its prices this year

Gdansk shipyard may reach agreement with Brussels

Brazilian Port of Paranagua creates corridor for frozen food

Supplier says SECAs are not properly enforced

Estonia is first to sign Wreck Removal Convention

CSCL launches Fuzhou-Zhangzhou-Yingkou short-sea service

Indian container exports to US drop 6pc in 2007

Commercial Seaport of Odessa to raise net profit by 20% to UAH 180 million in 2008

Vietnam launches its largest box ship ever - 700 TEU