News 2008 November 27

Bunker Convention comes into effect

Russia slashes oil tax duty 33% to $192.1 per ton from Dec.1

Latvian Shipping Company states net profit of $65.6 mln in Jan-Sep 08

Mumbai Port grinds to a halt following city violence

K-Line announces delivery of 154,800m3 LNG Carrier

ICTSI announces signing of medium term credit facilities

Odessa and Iljichevsk ports face customs problems

Dynamic under-keel clearance system presented in Klaipeda State Seaport Authority

Latvia/Russia: rail tariff revised

New PRISCO tanker is launched in S. Korea

CPC shareholders move for capacity increase

Rating agency S&P downgrades CMA CGM

Aker Philadelphia Shipyard and OSHA form partnership

Maersk to sease its service to the NZ Port of Tacoma from May 2009

DJ Norilsk gets facility to refinance shipbuilding program

Strike action continues at Dover Harbour

Port of Seattle decides not to raise taxes

Persian Gulf tanker rates fall to one-year low on ship glut

Golar LNG posts Q3 2008 results

Overseas Shipholding Group pleads guilty to pollution

Taiwan's Wan Hai posts earnings for Q3

Vietnam plans to double sea-trade by 2010

BHP, Rio, Xstrata in group for Australia’s $4 billion coal port

China's October ports volume growth continues to slide

Norwegian shipping company buys five bulk carriers from Britannia Bulk

Quotas for off-shore fishing to be increased in Sakhalin Area

Evergreen restructures transpacific services

Oil price up to $53.92 in London and to $54.44 in New York

Federation Council approves RF accession to International Convention on Civil Liability for Bunker Oil Pollution Damage