News 2008 August 14

Kalmar to supply cranes and reachstackers to India's Arshiya International

Raven Russia gets US$89 million loan for expansion

Knightsbridge Tankers doubles Q2 profit

TUI likely to report Q2 loss of 73.9m euros

Keppel unit wins US$560m rig order from Ensco

Maersk and Hamburg Sud to return to New Zealand

MSC orders two more cruise ships from Aker Yards

China Shipping, Sinopec to form LNG JV

Net profit of Ust-Luga Company up 26.7 times to RUR 170.1 mln in H1 08

Mazeikiu nafta revenues double in H1 y-o-y

Mitsui O.S.K., Nippon Yusen lead gains by Japanese shippers

Dalian Port Group to fund new port projects in Lvshunkou

Net profit of North Western Shipping Company up to RUR 52.098 million in H1 2008

Hamburg terminal operator HHLA posts sharp rise in H1 earnings

Turkey plans decisive action to end shipyard accidents

China Shipping H1 profit up by 44% YoY

Ukraine insists Russia informs it of shipping movements

AADA announces rate increase of US$350 per TEU from Sept 1

Oil price up to $113.47 in London and to $116.00 in New York