News 2008 July 16

Throughput of Port Kavkaz up 9.4%, to 3.3 mln t in H1 08

Great planned exercises of Pacific Navy finished in Japanese Sea

Throughput of Temryuk port up 83.7% to 1.1 mln t in H1 08

Throughput of St. Petersburg seaport up 4.9% to 29.6 mln t in H1 08

Maersk Line sees 08' global shipping growth at 7-8%

Oman doubles funding for the Duqm Port and Dry Dock project

Port Klang plans to build a multi-purpose berth

Russia's Caspian Sea oil output could hit 271 mln bbls by 2023

Melbourne to deepen shipping channel

Russia's oil output down 0.6%, gas production up 1.7% in 1H08

Britain's largest container port Felixstowe invests in oil spill equipment

Chang Jiang to order 6 bulk ships for USD 248 million

VLCC market to stay firm - broker

Great Eastern Shipping's net down in April-June

Precious Shipping secures $400 million credit facility

NOL aggressive in demands for Hapag-Lloyd loan

Sea Launch brings EchoStar XI satellite to orbit

Oil price down to $138.75 in London and to $138.74 in New York

Sinotrans-CTS merger would create firm second to Cosco in size