News 2008 April 24

China Cosco to add 64 vessels to fleet

Hyundai Heavy's March orders up 42% to US$2.5b

Daewoo Shipbuilding to develop Oman port city

Maersk Line wins "Best Shipping Line – Asia-Europe"

Belgium to expand Willebroek terminal

Port Canaveral seeks $32M bank loan for expansion

French port workers went on a 24-hour nationwide strike

Rotterdam is the best port in Europe for the 22nd time in succession

Shanghai International Port reports a 14 percent rise in H1 profit to US$145 million

Color Line terminates Oslo-service

China's VLCC capacity may soon top its needs -COSCO

Russian Railways to invest over RUR 970 billion into projects of RF North-West till 2030

Barents Euro-Arctic Region transport infrastructure conference opens in Murmansk

HHLA Container Terminal Altenwerder certified according TOCTQI standard

Russian government preliminarily OKs 2010-2015 transport plan

Program to ensure transport sector's competitiveness - premier

Russia could raise oil export tax to $400 per ton in June

Russia's gas output grows 1.8% in January-March 2008

RF Federal budget to allocate RUR 4.651 trillion for transport system development in 2010-2015

India ready to join Turkmenistan pipeline project

Oil companies propose not imposing export duties on crude deliveries from new projects for payback periods

Port Iljichevsk to increase container throughput to 3.2 million TEU within five years

AP Moller Maersk JV to construct Vietnamese container terminal

Croatia may have to close some shipyards

Petroleos de Venezuela takes over State Shipbuilding Company

Volga Shipping opens cargo navigation

Kazakhstan joining Baku-Tbilisi-Ceyhan oil pipeline project

Chengdu to build Asia's largest container center

COSCO and GPI to team up on coal transport JV

Port of Baltimore sets record last year

Oil price up to $116.46 in London and to $118.30 in New York