News 2008 July 9

Transas signs contract with Krasnoye Sormovo for fitting of six vessels

Kernel Group purchases grain terminal in Iljichevsk seaport for $100

Maersk to halve its operation at Kaohsiung Harbor

Boskalis wins 400 mln euro jv contract at Port Rashid in Dubai

DP World to increase rates at its container terminal in the Indian port of Chennai

Syria opens Tartous International Container Terminal

Iraqi port traffic doubles as threats ease

Pirates free German ship taken off Somalia, crew safe

India's Essar plans to build box cargo terminal at JN Port

New Chinese crude terminal can berth VLCCs

Kazakhstan launches construction of gas pipeline to China

Construction starts on US$550 million Charleston container terminal

RZD ups freight shipment 3% to 677.6 mln tonnes in H1

Rail carrier PGK ships 31.2 mln tonnes of freight in H1

Russian Railways to launch bond issue today

Tatneft says crude output up 0.7% to 95.6 mln bbl in 1H08

Throughput of Archangelsk port up 6% to 2.6 mln t in H1 08

Throughput of Commercial Port of Vladivostok up 54% to 3.154 mln t in H1 08

Primorye to receive RUR 3.1 bln for transport infrastructure development

Demand for mega-ships cuts Caribbean trade lanes

JP Morgan: NOL should forget Hapag-Lloyd takeover

Australian coal port congestion decline to 7.1 days

Maersk plans to give up two berths in Taiwan

Singapore-listed Yangzijiang Shipbuilding buys back 997,000 shares

Shanghai International Port sees 1H profit up at least 30%

China State Shipbuilding plans 3.7 bln yuan bonds with warrants issue

EU Parliament demands tighter environmental scrutiny of Baltic Sea gas pipeline

Morocco grants Maersk, PSA container licences

Oil price down to $136.43 in London and to $136.04 in New York

Norwegians close to privatize Szczecin shipyard