News 2008 April 16

Throughput of port Primorsk up 2% to 18.95 million tonnes in Q1 08

Throughput of Big Port of St. Petersburg up 6% to 13.4 million tonnes in Q1 08

Rotterdam port Q1 cargo volumes up 6.8 pct

Foreign trade of Sakhalin region up 7 times to $2.342 billion in Q1 08

Asia Invest (Kazakhstan) plans to build a transshipment complex in Ust-Luga port by 2012

Salvage operation on sunken Ukrainian ship begins in H.K.

Mozambique’s Beira Port needs to invest US$37 million in dredging

Singapore's NOL looking at Hapag-Lloyd spin-off

Cyprus to create shipping advisory body

Brazilian Vale to boost Carajas shipping capacity by 50 pct

U.S. invests $7.9 million to new customs automated system

Chennai Port to build Rs 5,500 cr projects

Nordic American Tanker Shipping announces agreement to extend the $500m credit facility

Eurogate announces $1.7 billion expansion

Benelux ports boost Hupac Intermodal Transport

New Texas terminal receives first tanker

Russia's upper house OKs bill to restrict foreign investment

Surgutneftegas expects oil production growth with launch of ESPO

Conference ‘Russian International Register of Vessels: practice, problems and perspectives’ starts in St. Petersburg

Kaliningrad customs prevents import of contraband fish valued at RUR 15 million

China to update rail lines to boost coal supply

Novorossiysk Commercial Sea Port purchases new equipment for its subsidiary’s timber terminal

Oil price up to $111.31 in London and to $113.79 in New York

Georgia starts construction of a port and free industrial zone in Poti

Indian Larsen & Toubro to put $750 mn into shipyard complex

Shanghai expected to overtake Singapore as the largest container port

Russian billionaire Mordashov might double TUI stake

Grindrod buys the remaining 50 percent in Cockett Marine Oil

Makarov State Maritime Academy opens its first Neptune LNG Simulator

France and IMO agree on prevention and suppression of piracy and armed robbery

ICC supports IMO amendments on vessel air emissions

MOL, Gulf LPG Transport of Qatar sign charter deal for VLGCs

Rickmers Line plans acquisition of warehouses, road transport firms in India

Russian freight wagon fleet up 5% year-on-year

Oil prices set new record in New York, barrel trades at $ 114