News 2008 August 26

Railway traffic to Georgian Black Sea ports resumed

Frontline subsidiary cancels Indian order

China State Shipbuilding Co sees an 81% rise in first half net profits

Polarcus orders 6 Ulstein ships

Posco plans to buy assets in Ukraine

Guangzhou Shipyard H1 profit up 15%

Samsung Heavy wins 689-bln-won order for drill ship

First construction round of Cemex terminal at Liepaja Port completed

Norway arrested another Russian vessel

Ruble slumps vs. dollar after Medvedev's announcement

NYK Line and Nippon Oil work on solar-powered ship

Russian flagship cruiser headed to training range

Baku-Tbilisi-Ceyhan oil pipeline back to normal operations, BP says

Cosco Pacific, "K'' Line, Hanjin Shipping and Yang Ming to invest in Rotterdam terminal

Shanghai port first half net profit up 35%

Scientists find more oil fissures in Lake Baikal's bedrock

Throughput of Russian seaports up 2.3% to 263.3 mln t in Jan-July 08

New container carrier for FESCO is laid down at Stocznia Szczecinska Nowa (Poland)

FESCO takes delivery of new 22,700-dwt container carrier

Oil price up to $114.03 in London and to $115.11 in New York

Net profit of DonRechFlot up to RUR 5.8 mln in H1 08