News 2008 November 25

Medvedev signs law specifying powers of RF constituent entities on operation of river ports

Investment activities to develop major transport corridors to be implemented in Russia by 2012

Cargo trains build up in Far East could be eliminated only by spring

Jebel Ali Port resolves congestion problem

Port of Tanjung Pelepas appoints new CEO

Qatar Navigation, Qatar Shipping ordered to merge

Throughput of Latvian ports not to recover before 2013 – expert

Indian officials visit Russian shipyard to inspect frigates

Novorossiysk Shiprepair Yard states net profit of RUR 68.4 mln in Jan-Oct 08

Russian naval task force starts Venezuela visit

Gazprom Neft, TNK-BP fined for dominant position abuse

Arkhangelsk Port with deficits

Abu Dhabi ports to raise tariffs

Intertanko calls for Somali port blockade

Qatar shipyard ASRY to invest US $188m in new facilities

Genco cancels vessel orders

Putin to visit auto border-crossing point on Finnish border

S.Korea shipbuilders see $53 bln exports in 2009

Merilinja Oy starts a new Kokkola–Antwerpen container service

Hainan to build Asia's largest cruise terminal

New charter deals for Farstad Shipping

Somali pirates hijack Yemeni ship

Shell, PetroChina set 20-year LNG deal

Ship owners urged to contribute to Malacca Straits fund

Singapore trader Hin Leong Trading Pte. Ltd. on track for 12 VLCC newbuilds by 2012

Australia's Newcastle coal price slumps 12% to 10-month low

Ukraine’s Ministry of Transport and Communications considers construction of container terminals in Odessa and Iljichevsk ports

Oil price up to $53.93 in London and to $54.57 in New York

Russian gas exports up 9.4% in 10M08, crude exports down 6.2%