News 2008 October 21

Oktyabrskaya Railway ups transportation of containerized cargo by 9% in Jan-Sep 08

Medvedev says new measures may follow to tackle credit crisis

Russia offers energy sector, transport assistance to Cuba

No ruble devaluation planned, official assures

Stena line opens terminal in the port of Rotterdam

Russian ship passes Suez on anti-piracy mission

Drydocks World to open $300m marine services centre on Indonesia's Batam Island

Auckland port value cut 16pct

US Austin Ventures combines to form Port Logistics Group

NOL cuts APL container capacity on slowing demand

Maersk threatens to leave Charleston

Pirates seize Indian vessel, 13 crew off Somalia

Sembcorp Marine bags landmark LNG carrier longevity contract

Malaysia proposes limits on Malacca Strait transits

SPb Government and Sberbank to support companies facing problems caused by financial crisis

British ports company PD Ports eyes Indian shipping market

Fjord Line leaves Kristiansand

Port Goteborg (Sweden) handles 16.3 mln t of oil products in Jan-Sep 08

Russia has over $5 bln in foreign naval orders

Russia's Urals crude unlikely to fall below $70 in 2009 - Kudrin

Throughput of Poti-Kavkaz ferry service makes 100,000 tonnes throughout a year of operation – Levitin

Kandla Port posts 23% growth

Kuehne + Nagel acquires Alloin Group

Bahrain signs agreement with Hess to establish gas terminal

Heavy Industries in financial peril

Iran-India port and shipping cooperation reviewed

Oil price up to $72.03 in London and to $74.25 in New York