News 2008 November 14

Net profit of Ust-Luga Company up 56 times to RUR 227.7 mln in Jan-Sep 08

Net profit of Sea Port of St. Petersburg totals RUR 41.2 mln

Russian crude exports down 5.6% to 1.3 bln bbl in Jan-Sep 08

Net profit of North Shipping Company up 87.6% to RUR 191.5 mln in Jan-Sep 08

Net profit of Murmansk Commercial Seaport up 7.4 times in Jan-Sep 08

Australia's Austal wins multi billion shipbuilding programme

Customs fail to regulate Pakistan’s container terminals

Mid-East Gulf cruise sector 'expected to double' by 2010

Guangzhou becomes third Chinese port to surpass 10m TEU

Oil export of port Primorsk down 10% from the beginning of November

Throughput of Nakhodka port up 20.2% to 12.99 mln t in Jan-Oct 08

Total throughput of Ukrainian ports up 9% to 112.5 mlnt in Jan-Oct 08

Itella Logistics plans to become leading logistics provider in Northern Europe by 2013

High speed trains head for Russia by sea

Throughput of Latvian ports up 1% to 52.5 mln t in Jan-Oct 08

Lloyd Shipyards Bremerhaven to refit first TUI Cruises ship

Draft hindering Mumbai port

IFC approves $300 million loan for Panama Canal expansion

Singapore's container throughput growth continues to drop in October

Idle boxships proliferate as charter rates plummet

China to add 26.8 mln cubic meters of oil storage capacity

KDB, Hanwha sign deal on Daewoo Shipbuilding sale

India urges UN to patrol Gulf of Aden

BW Gas posts Q3 profit

Paradip plans capacity expansion to handle crude, petro products

Jinzhou makes mega carriers' top 'base port lists'

Oil price down to $51.99 in London and up to $58.24 in New York