News 2008 April 22

Arivist to build a temporary storage warehouse near St. Petersburg

Issues of construction of specialized oil sea port in Kozmino discussed in Primorye

First 100 000 cars gated out RTL terminal

Pall-Ex opens new hub in northern UK

ProLogis announces leasing activity in China, develops two facilities in South Korea

Eitzen Chemical sells 4 newbuildings

Yantai christens world's largest gantry

Wartsila expands in Dubai and opens new offices and a workshop

Port of Rotterdam participates in Moscow's logistics trade fair ‘Transrussia’

Mozambique seeks $70 million to restore Beira Port

Chennai Port Trust seeks RfQ for mega terminal

Nine banks to lead Dubai World's $5 bln loan

Russian shipbuilder Krasnoye Sormovo to build tankers for Panama company

Port Qasim reports record cargo handling of 24.4 million tons in year 2007-08

Turkish Cicek Shipyard launches the first of two 1300TEU container ships for Bayraktar Shipping

International container transportation by Russian railways up 1.3 times to 822,000 TEU in 2007

Poland plans to invest EUR 780 million into approaches to the ports by 2014

Port Yuzhny plans to transfer to EURO in payments with foreign customers

Gazprom Neft to increase oil production to 90 mln-100 mln tonnes by 2020

PRISCO’s shipbuilding line works in full force and effect

Russian Railways to make complete switch to paperless processing for shippers in 2008

FEZ to facilitate construction of railway and port in Murmansk - Levitin

FSL Trust acquires two crude oil tankers for US$140 million

Germanischer Lloyd opens 11th station in China

India's Paradip port posts traffic growth

Sri Lanka plans laws to curb maritime pollution

Fujairah's tank farms pose 'challenge' for emergency planners

FEFC lines to raise rates from June on N Europe-Asia trades

Evergreen cancels China shipyard JV

APM Terminals signs RTG crane deal with Shanghai's ZPMC

Malacca Strait improves as Nigerian coast becomes worst for ocean piracy

Transnet to invest US$1.8 billion in South Africa on box terminals

China Shipping Lines to expand its container service through Seattle

Karachi Port reports record handling of 1,13,328 TEU in March

Danaos Corporation reports first quarter results

Mundra Port plans 35% growth for next few years

Kamchatka border guards try to clear the way to vessel stuck in ice off the Kamchatka Peninsula

Oil price up to $114.43 in London and to $117.48 in New York