News 2008 August 20

Pirates seize Malaysia palm oil tanker off Somalia

Kintetsu World Express stops Russian trucking JV before it starts

Panama Canal renews strategic alliance with Port of Houston

Tax hike may reduce Chinese coal exports

NYK revises its US East Coast to East Coast of South America service

Ports of Auckland posts net profit of $21.1m

India Linx adds Mundra port to container rail service

ABG Shipyard surges 4.17% at BSE

Singapore company Jurong to build shipyard in Brazilia

Maersk cuts Otago container traffic by 22%

Container throughput of Port Elizabeth up to 42400 TEU in July

Throughput of Rotterdam port up 7.7% to 213 million tonnes in H1 08

Rotterdam starts actual construction of Maasvlakte 2

STX bags $310m VLCC order

Pakistan arranges 100pc box scanning at Karachi

Throughput of Kaliningrad Sea Fishing Port up 3% to 1.97 mln t in Jan-July 08

Marseilles port invites logistics zone proposals

Oil price up to $113.25 in London and to $114.53 in New York