News 2008 October 8

Throughput of port Temryuk up 81.9% to 1.7 mln t in Jan-Sep 08

Throughput of port Kavkaz up 11% to 5.4 mln t in Jan-Sep 08

FESCO Group to raise USD 90 mln debt finance

MOSS CS-50 maritime platform leaves Sevmash shipyard

Export of oil products via seaport Vitino (Archangelsk region) makes 303,600 t in Sep 08

Project on development of Murmansk Transport Hub is ready

Sovcomflot becomes a finalist of the Platts Global Energy Awards for the third year running

ACTL to serve Nhava Sheva, Mundra and Pipavav

Ransom demanded for Ukrainian ship dips from $20 mln to $8 mln

Hanjin Shipping to build new terminal in Algeciras Port

Wan Hai, PIL adjust transpacific service

Bunkers down again as crude prices sink below $90

UN Security Council adopts new piracy resolution

ADAG plans to acquire 6 Capesize ships by 2011

EU “needs more port investment”

Pirates return to the South China Sea

Russia calls for joint anti-piracy work

Lanco to develop India's Vizhinjam Intl Transhipment Terminal

Maersk cuts US-SA fuel fees

Oil price up to $84.66 in London and to $90.06 in New York

Pakistan Shipping seeks funding to upgrade fleet