News 2008 November 17

Net profit of Volga Shipping up 13.86% to RUR 452.5 mln in Jan-Sep 08

Net profit of Murmansk Shipping Company down by 43.8% to RUR 417.8 mln in Jan-Sep 08

Taganrog Commercial Seaport states net profit of RUR 23.7 mln in Jan-Sep 08

Hanjin to develop new US$300m terminal at the Dames Point Marine Terminal in North Jacksonville

TUI's Q3 profit slumps 42%

Hong Kong October port throughput slips

India's Gateway Terminals sets new record

Hanwha seals DSME acquisition with MOU

Gulftainer cracks the whip on idle cargoes at ports

Norway to lose half of the ferry routes

German road tax fuels new ro-ro service

Video report on Round Table meeting "Prospects of container transportation by Russia’s inland waterways" is released

Gazprom Neft revenue climbs

Nakhodka Commercial Seaport states RUR 252.9 mln of net profit in Jan-Sep 08

Zvezda plant (St. Petersburg) states RUR 7.6 mln of net profit in Jan-Sep 08

Zim line to resurrect Asia-Europe service

St Petersburg registers its 307th flood - meteorological committee

Throughput of RF ports up 1.6% to 380.5 mln t in Jan-Oct 08

Mexico must improve port supply chain - director of the Transport and Communications

Chinese Port of Ningbo plans to build terminal at the Port of Muuga

Greenpeace blockade of Rotterdam dock ended by police

Mundra Port to set up second dedicated automobile terminal

CMA CGM and Maersk link up on Asia-Europe trade

Larsen & Tubro, Belgian co in talks to build a new port

Chennai Port Trust plans transaction advisor for Terminal

Tanker explosion kills two off China

MOL admits mothballing ships likely

COSCO Dalian opts for CMMS on more tanker newbuildings

21 Filipino seamen seized; 22 arrested

Lorenzo Shipping doubles 9-month net income

Building of ESPO-2 to start in December 2009

Tariffs could be raised at Abu Dhabi ports

Oil price down to $57.24 in London and to $57.04 in New York

Turkey’s shipping company Palmali A.S. opens Palmali Baki LLC office in Baku