News 2008 November 7

Russia's foreign trade expanding in 9M 2008

Port of Antwerpen gets loan for tunnel link

Daewoo inks pact to develop SPS shipbuilding solution

Shipping derivatives traders pool US$398m

Japan asked to join new Arctic shipping regime

Sinotrans, Changjiang merger gets approval

Thailand’s Laem Chabang port eases Customs burden

Poland forced to sell off shipyards and pay back €2.3bn in subsidies

Congestion predicted at Port of Melbourne

LUKoil may decrease investment program for 2009

Throughput of NCC up 16% to 1.5 mln TEU in Jan-Oct 08

CMA CGM launches Asia-US Gulf service

DHL Container Logistics reports ?2.7m loss

Sinopecs crude oil terminal put into operation in Tianjin

Alabama port expands with $300M container terminal

Baosteel and Hyundai Heavy Industries sign MoU

Odfjell sells MT Bow Sky with a net gain of USD 32 million

Norwegian bulker operator Belships' reports strong Q3

Bureau Veritas posts sharp growth in nine-month revenue

WTO predicts world trade fall to continue

VLCC market flat

Throughput of Taganrog port down 24% to 1.1 mln t in Jan-Sep 08

China's Shandong ports volume near 10 million TEU in the first 9 months

Oil price down to $57.43 in London and to $60.77 in New York

Throughput of Archangelsk port down 7.2% to 4.2 mln t in Jan-Oct 08

Throughput of Vostochny Port OJSC down 13% to 12.3 mln t in Jan-Oct 08