News 2008 August 25

Russian Railways keeps on convention in the port of Tuapse

ALBROS shipping company takes delivery of new 4,416-dwt dry cargo carrier

COSCO Pacific H1 net profit hits $153.15m

TTS Marine ASA wins NOK65m winch systems order from Korean shipyard

Dalian Port to form oil terminal venture with PetroChina

Baku became hub for Georgian cargo and express delivery services

Baltic index posts 4th straight decline

Loginter S.A. invites ICTSI investment in Argentinean port project

Two Japanese firms to build Vietnam terminals

China's H1 LPG import down 13.4%

Tianjin Port, CMA CGM, Asia International Shipping mulls JV

Russia to pull out of several WTO agreements

Transmashholding boosts diesel engine sales by 27% in H1 08

Tatneft oil producer posts US GAAP net profit of $259.6 mln

Pakistan's Karachi port lorry strike in second week

Yemen urges shipping companies to reduce navigational duties

Energy companies bid US$487.3mil to drill in the western Gulf of Mexico

Malaysian Merchant Marine Bhd to buy new double-hulled tankers

Novorossiysk Commercial Sea Port approves $49.8 mln loan to its subsidiary Novoroslesexport

Maersk expects H1 net profit of $2.03 billion

DP World profit may double on expanded port network

Shenzhen YICT starts new sea-rail intermodal service for Jiangxi

Tuapse Sea Trade Port resumes cargo transshipment

Throughput of Sea Port of Saint Petersburg up 4% to 35.5 mln t in Jan-July 08

China's Zitong Logistics to build inland port at Dezhou city

Throughput of Murmansk Commercial Seaport up 2.4% to 8.1 mln t in Jan-July 08

Oil price down to $113.93 in London and to $136.74 in New York