News 2008 August 27

Latvian Shipping Company plans to merge three daughter companies

Ukraine govt passes decree re Russian Black Sea Fleet

Australia's Toll Holdings posts profit from ongoing operations up 24%

Lorry drivers end strike at Karachi port

Inpex to build LNG import terminal for 100b yen

German container firm to open Plainfield site

Punj Lloyd plans to bid for Singapore's LNG terminal

Danish shipping business makes EUR 26 billion this year

Maersk bids $569 million for Sweden's Brostrom

Indian state of Kerala to upgrade port facilities

Commercial shipping line between Brazilian port of Paranagua and Angola to start operating with three ships

Russian warships enter Abkhazia's territorial waters

Rosatom takes over ownership of Murmansk Shipping Company’s nuclear icebreaking fleet

New complexes launched in Russian ports in 2008 to raise cargo handling by 56 mln t - Ivanov

New engineering division established to provide project expertise for offshore and oil & gas sectors

DP market leader increases its focus on training with Basic, Advanced and Maneuvering simulators

Ports of Auckland dividend forecasts drop $100m

Sri Lanka to call for port terminal tenders in next 2-3 weeks

Brazil inaugurates its first LNG terminal

3i Group may put $229 mln in Indian port operator

Transpacific Stabilization Agreement members set to raise rates, effective September 1

STX, Hyundai Heavy plans to vie over Daewoo Shipbuilding

Hike in Indian Railways charges hit domestic container train operator

Great Lakes Cleveland Port may be linked to new deep-water port in Nova Scotia

China Shipping container profit falls

Port of Vladivostok handles 4 mln t of cargo in 2008

Cargotec receives offshore crane order from Finnish Finstaship

Vietnam's Da Nang invests in its port infrastructure

Oil price up to $114.63 in London and to $116.27 in New York