News 2008 October 23

OMZ’s Izhorskiye Zavody completes reactor vessel for floating nuclear power plant

Panama's Colon Container Terminal plans US$200m expansion

Daewoo Shipbuilding & Marine Engineering bid results in the next 48 hours

Maersk changes service between North Europe and the Mediterranean

CMA CGM, Maruba plan to launch a new weekly joint service between the East Coast of South America and North Europe

South China tanker explosion kills 3, injures 5

Rosneft to sign oil supply contract with China

CMA CGM starts regular traffic to Scandinavia

Russia asks Somalia for permission to fight piracy in Somali waters

LUKOIL retains its rank in Platts

Cargo handling of Port Vanino up 4% to 5 mln t in Jan-Sep 08

Russian Railways wary of fall in revenue

Oil price down to $64.52 in London and to $66.75 in New York

EC opens 1 month consortia consultation

ICE-T provides cruise ship terminal $3.5m at Nanaimo

GDF Suez aims to start Italy LNG terminal in 2012

POSCO eligible for possible new Daewoo bid

UK defence equipment manufacturer BAE plans to foray into shipbuilding

Tauranga expects container terminal offer from Auckland

Swedish owner Svithoid Tankers with five ships on order goes bankrupt

Arlington Tankers announces unaudited third quarter 2008 results

Ningbo-Zhoushan port channel takes first 283,000-tonne ship

Stevedores of Sea Port of St. Petersburg cut cargo handling by 8% to 8.5 mln t in Jan-Sep 08