News 2008 September 2

Russia's pipeline operator fears new delays in ESPO project

Murmansk Sea Port sees cargo turnover dip in Jan-Aug

Tranzit-DV to bunker Korean vessels in Primorje ports

U.S. warship leaves Sevastopol after protests

Throughput of Illichivsk port up 23% to 12.802 mln t in Jan-Aug 08

Somali pirates want $8 mln to free three ships

Tianjin to run shipbuilding industrial fund

California lawmakers okay oil drilling in Long Beach port

China State Shipbuilding posts 80.61% rise in H1 net

Trieste port cargo traffic up 4.5%

China International Marine Containers buys 29% stake in Yantai Raffles Shipyard

PKN Lithuania unit argues with railway over tariffs

FESCO transfers to weekly service between Japan and Far East ports from November 1

China Merchants profit rises 42% in H1

Port of Melbourne lifts annual profit

Brazil’s Vale inks iron ore handling pact with Dalian Port

OPEC could call upon its members to cut oil production to levels commensurate with 2008 quotas

Oil extraction down 0.6%, gas output up 3.1% in Russia from Jan to Aug

Tanker owner-operator AET orders three 6,600 dwt oil/chemical tankers from Russia’s Okskaya Shipyard

Rotterdam starts construction of Maasvlakte 2 on September 1

Rottrdam Bulk Terminal to change manager

APM Terminals net profit jumps in first half of 2008

Kulevi Oil Terminal reopens

Macquarie sees shipbuilding orders to decline by 40% in 2008

RPT-SK Group considers joining POSCO in Daewoo bid

Maersk's Odense puts Estonian shipyard up for sale

First cruise ship to moor at new marine passenger port in St. Petersburg on Sept 10

Saudi Aramco cuts LPG prices for September as crude oil falls

The Port of Montreal announces $2.5 billion investment in expansion

Nordic Tankers reports H1 loss and new strategy

Oil price down to $109.41 in London and to $111.22 in New York