News 2008 May 29

LUKOIL, Gazprom discover large Caspian field

HHLA opens new rail container terminal at Tollerort

Moscow urges Somalia against provoking pirates holding Russians

Taganrog port to invest RUR 1.5 mln into its fleet’s equipment with distress and safety system

Maruba expands Asia-to-South America east coast service

Malaysia, Singapore, Indonesia start joint plan to protect straits

Lyttelton Port (New Zealand) lifts profit forecast

Maersk repeats its backing for slow steaming

Hapag-Lloyd upgrades Asia-Mexico services

China's Tangshan Port to issue A shares for expansion

DP World to buy out 25% stake from its partners in Chennai arm

Latvian Shipping Company’s profit up to $15.4 million in Q1 08

Neptune Orient to raise rates and impose surcharges on the Asia-U.S. route

Colombo Dockyard (Sri Lanka) Q1 net up 22%

Vietnam starts сonstruction of Cai Mep container terminal

Commercial Seaport of Odessa plans to build ro-ro terminal capable of handling 30,000 automobiles per year

Novorossiysk Commercial Sea Port acquires 22.57-pct stock of IPP OJSC

Gazprom, Kogaz plan working group for gas supplies to S. Korea

Prosecutor’s office of Leningrad region investigates the fact of explosion at Kirishi refinery

Mundra Port profit rises 12% in 2007-08

A.P. Moeller-Maersk A/S's Lindoe shipyard to cut costs in bid to turn a profit

Maersk, ESL boost services to Indian west coast

S.Korea's STX says wins $125 mln order from Europe

Arctic claimants say they will obey international law

Somalia sends troops to release ship with Russian seamen

Oil price up to $130.93 in London and to $131.03 in New York