News 2008 June 25

Throughput of Tallinn port down 31.7% to 12.8 million tonnes in Jan-May 08

Price rise on ship steel

Feasibility study on Burgas-Alexandroupolis project to be updated

Total throughput of Riga, Ventspils and Lepaja ports makes 26.64 mln t in Jan-May 08

Ust-Luga approves expanding Baltic Container Terminal

Cargo handling in Klaipeda port up 19,1% 70 12.95 mln t in Jan-May 08

Construction of bridge across Golden Horn Bay under special control

Russian oil export duty could reach $495 per ton from August

Throughput of seaport Kavkaz down 2.3%, Temryuk – up 73% in Jan-May 08

Bunkering suspended in Hong Kong at the approach of tropical storm Fengshen

Varandey terminal completed

"K" Line becomes strategic investor in FLEX LNG

Daewoo Shipbuilding to invest $44 million in shipping venture

Canada to follow Europe's 'aggressive' emissions stance

Maersk to buy 18 container ships from Hyundai

MSC mull purchase of Italy's Tirrenia short sea shipping line

CSAV Norasia to start new shuttle to East Mediterranean Area

Oil price up to $136.46 in London and to $137 in New York