News 2008 August 5

Tallink share fell nearly 2 pct

Bharati Shipyard plans 40% order rise in 2008

Port of Tallinn decreases cargo throughput by 12,1% in July 2008

Japanese K Line to buy 5% in a shipyard under construction in China's Fujian Province

Fall in hire rates anchors more ships

Chinese shipbuilder Jiangsu Rongsheng plans IPO

China Shipping in talks to invest in Taicang Port

Stella Lines starts new ferry service between Helsinki and St. Petersburg

Throughput of Petersburg Oil Terminal up 1.4% to 6.8 mln in Jan-July 08

Throughput of Vostochnaya Stevedore Company up 16% in Jan-July 08 to 242,495 TEU

NYK finalizes agreement with Japan Biofuels Supply LLP

Daewoo Shipbuilding shares drop on order cancellations

Spain container traffic at standstill in 1Q/2008

Oil price down to $120.68 in London and to $121.41 in New York

FEFC, CTSA, Matson announce BAF and CAF changes

Italy's Fincantieri buys Manitowoc Marine Group for $120 million

Israel Shipyards delivered first cargo ship to European buyer

Port of Haifa ups container throughput by 20% to 12.2 million tons in H1

The bankruptcy of Polish shipyards to affect some 800 firms

Evergreen jv for Chinese yard shelved