News 2008 July 21

Cargo turnover of Novorossiysk Commercial Sea Port up 0.4% to 39.2 mln t in H1 08

Finland based Containerships redirects its cargo flows from Liepaja to Klaipeda

Lundin Petroleum announces major oil discovery in Russian Caspian Sea

BTC pipeline capacity to be enlarged by year-end

German vessel released by Somalian pirates arrives in Oman

Lukoil values project for oil production at Varandei field at RUB 130 bn

NCC continues to invest in handling equipment

New ship for Pacific Navy is launched

CMA CGM-APMT JV to operate Miami terminal

Taiwan's Hon Hai to invest in Kaohsiung port

Cork port (Ireland) reports record turnover last year

Dry bulk rates to drop further as China closes mills

GE Ship plans $1.5 b fleet expansion

Schwarzenegger to pass container fee bill

Hamburg Sud joins Chile's CCNI on Lazaro Cardenas

Oil price down to $130.19 in London and to $128.88 in New York

India's Ministry relooking at ban on old foreign ships