News 2008 November 13

Gov't approves Russian Railways' investment program for 2009

Kazakhstan wants to buy 3 pct of CPC from Russia

China's marine fuel sales may double in 2 years

Moller-Maersk “satisfied” with 9 months' result

Montevideo port gets $40m upgrade

Cargotec forecasts slowdown at ship-gear unit MacGregor

Hanjin Shipping and the United Arab Shipping Co. launch new container service between India and Europe

Berlian Tanker culls fleet to repay debt

Hyundai Mipo revises ship order contract

East Port Said masterplan to go ahead in 2009

Pipeline operator Transneft posts 25% half-year net profit rise

Russian Railways may cut investment

Throughput of Rostovski Port up 20.8% to 1.7 mln t in Jan-Oct 08

Nord Stream to give Finland environmental report results in 2009

Russian ship, British frigate repel pirate attack in Gulf of Aden

Universal Transshipment Complex of Ust-Luga port to reach full capacity in H1 2009

Crew member caused tragedy on Russian nuclear sub - investigators

Oil price down to $52.37 in London and to $56.16 in New York

Valencia added to IMEX service

STX Shipbuilding wins mn VLCC order from Europe

Bahrain orders four ships

"K" Line bags another Korean coal contract

Wartsila opens office in Papua New Guinea

TOUAX Group acquires a container fleet from C & Container Leasing

Rio Tinto Group to proceed with $315-M purchase of ships

Eitzen Chemical posts 3rd quarter 2008 results

Norden sells 3 dry cargo vessels

Nigeria plans new measures for cutting port cargo pile up

Port dedicates first shoreside power project

Shenzhen Chiwan Wharf Holding container volume drops 19.4pc

India's shipping outlook grows bleak as rates fall 40pc

Osaka's foreign container trade falls 2.1pc

New Russian diesel-electric icebreaker completes sea trials