News 2008 June 24

Joint throughput of Klaipeda port and Butinge Terminal up 29.3% to 16.4 mln t in Jan-May 08

GreenCarrier strengthens its presence in northern Europe with the acquisition of Oy FCS Logistics

Hyundai Heavy posts 16% jump in May sales

Posco shares dip as Vinashin pulls out of steel JV

China's Gangjiu to buy port from parent

35 ports to take part in World Ports Climate Conference in Rotterdam

Sinotrans to merger this year with Yangtze Transportation (Group) Corp to form a US$15 billion logistics company

Chile introduces permanent whale-hunting ban

Philippine rescuers locate another 24 survivors from ferry wreck

Lukoil, ERG form JV to run Sicilian oil refinery

ACM Shipping buys Harris & Dixon for 2.5 mln stg

Hanjin starts calling at Malta Freeport

Construction starts on northeast China's first bonded logistics park

Net profit of Ust-Luga Company OJSC makes RUR 109.9 million in 2007

Star Shipping split between owners

Korea's STX holds 40.4 pct of Norway's Aker Yards

Singapore-listed JES wins $247.5 mln shipbuilding contracts

Oil price up to $135.91 in London and to $136.74 in New York