News 2008 September 3

Yuzhniy Port begins wheat shipment

Azerbaijan to take part in creation of UNECE Expert Group for Sea Ports

Gazprom, Nigeria plan joint venture

Novorossiysk Grain Terminal reaches full capacity

Cargo handling of Odessa port up 11% to 23.6 mln t in Jan-Aug 08

Buenos Aires province to invest US$350 million in new container terminal

CMA-CGM launches barge service in South America

Hutchinson to stay out of India

Grand Alliance contract revives Cagliari

ICTSI assumes Mindanao port operations

China Shipbuilding Industry Corporation issues 3.5bn yuan corporate bonds

Fehmarn Bridge from Denmark to Germany will be ready in 2018

FESCO welcomes new large shareholders, the free-float to reach 17%

Profit of JSC Ventspils nafta up to LVL 7.8 million in H1 08

Second tanker of New Armada type put into operation for Palmali group at Krasnoe Sormovo shipyard

Greece ratifies South Stream deal with Russia

Pacific Future Fishery fair opens in Vladivostok

Throughput of ports in Baltic states down 3.6% to 82.292 mln t in Jan-Aug 08

Maersk to throw Boomerang after merger of three services

Gloucester to raise coal capacity to 1.4m tonnes a year

Gateway Terminals handles 1 millionth container in 2008

Mexico container port Punta Colonet's winner seen next summer

China Merchants sees no Ningbo Port IPO this year

Liberty Shipping plans to buy International Shipholding

CACI International wins $150M shipyard contract

NYK Line commits to cut fuel usage and pollution

Maersk anticipates smaller container market share

Marine Systems Corp. launches a new fuel spill prevention device

Maersk Line announces a new BAF formula

Malaysia sends troops to protect ships in Gulf of Aden

DHT Maritime, Inc. reports Q2 2008 results

Maersk resumes Iraq trade

Zim ended 2Q with a loss of $42 million

Panama ports strike ends

Malaysia's Bintulu Port books 2.7 pct rise in H1 pre-tax profit

Yang Ming to add another weekly Dubai-Iraq service

Oil price down to $108.34 in London and to $109.71 in New York