News 2008 September 22

Panalpina opens new complex at Changi International LogisPark

Taiwan's CPC buys a five per cent stake in Qatar LNG plant

Pirates hijack another Greek carrier off Somalia

Nippon Yusen, Mitsui O.S.K. rise after gain in Baltic index

Maersk to cut its capacity at Kaohsiung port in Taiwan by about 20 percent next month

CMA CGM to terminate three East-West services within the next few months

Shipping Corporation of India to firm up shipbuilding JV plans by 2008 end

India's major port throughout up 8% in April-August 2008

New Zealand starts exporting logs in boxes

Russia slashing oil export duty 23% on Oct 1

FESCO launches new boxship

S.Korean shipyard builds supertanker for Russia's Primorsk

Cargo vessel sinks off Philippines

India's Andaman and Nicobar may get a major port

Rotterdam becomes Austria's main port for the 10th time

Shandong launches Jining to Yangzhou box canal service

INTTRA posts 50pc volume increase in Asia Pacific

Oil price up to $99.61 in London and to $104.55 in New York

Guangxi's investments in shipping channel upgrade up to US$213 million in H1