News 2008 October 14

Throughput of Latvian ports up 0.8% to 47.5 mln t in Jan-Sep 08

Rosprirodnadzor begins check of Kovykta project on Tues

Third tanker of New Armada type delivered to Palmali group by Krasnoe Sormovo shipyard

Wartsila propulsion packages for Wilson bulk carriers

Oil-processing plant in Nakhodka will be capable to process 20 mln t of oil a year

ITF inspected 251 vessels in its Baltic Sea “week of action”

Hong Kong government to lease new cruise terminal

Overseas Shipping, Euronav get loan to build 2 vessels

Vietnam begins building Cai Mep-Thi Vai port

Pipavav port secures $209m loan

India's Tuticorin Port to upgrade facilities

Japanese and Korean owners commit 4.5m tonnes to Marshall Islands Registry

Overseas Shipholding Group announces new $500 million credit facility for FSO project

Brostrom sells product tanker

Throughput of Novorossiysk port down 2.2% to 83.3 mln t in Jan-Sep 08

NCSP’s cargo turnover up 2.8% in Jan-Sep 08 as share of high-margin cargo grows

Throughput of Murmansk port up 5.9% to 21.08 mln t in Jan-Sep 08

Throughput of Vostochny port down 5.6% to 15.8 mln t in Jan-Sep 08

Laws aimed to stabilize Russian financial market go into effect

Throughput of Nakhodka port up 23.9% to 12.03 mln t in Jan-Sep 08

Oil price up to $78.29 in London and to $81.19 in New York

Throughput of Commercial Port of Vladivostok up 38.6% to 4.5 mln t in Jan-Sep 08

Russian tanker Yelnya leaves to assist Neustrashimy ship

Overseas Shipholding Group Inc. secures $500M loan for vessel acquisition

Maersk A/S increases ownership in Brostrom AB

S Korea's 3 major business groups bid for Daewoo Shipbuilding

Joint training of surveyors initiated by ABS and RS

Vinashin says sales more than double on exports to Japan, UK

SCI takes delivery of India’s largest VLCC

3i group to invest Rs994 cr in Krishnapatnam port project

IMO agrees on sulphur restrictions