News 2008 November 28

Russian frigate to stay in Somali waters for another month

Report on “State of Logistics in the Baltic Sea Region” survey is brought out

New cargo port Vuosaari is officially opened in Helsinki (Finland)

Putin approves control regulations for border checkpoints

Russian patrol vessel returns to Murmansk

Norway to boost shipbuilding loan guarantee funding to more than $1 billion

PetroChina completes foundation work at Dalian LNG terminal

Port of Auckland attempts to avert strike

Shanghai port cuts its container traffic target for 2008 by 5%

ICTSI gets $140m loan

Somali pirates hijack ship, British guards escape

Baltic Dry Index teeters on record low

Israel Corp prepared to inject $150 mln into Zim unit

Eimskip announces considerable arrangements

AMVER's award for “Marchekan”

Russian Railways issues bonds for RUR 15 billion

New vessel for research of Arctic and Antarctic to be built by 2011 at Admiralty Shipyards

Platform hull from Murmansk to Mexico

Taiwan to allow foreign cruise ships to sail between Taiwan, China

Vale cancels $1.6bn VLOC order at Rongsheng yard

Bermuda to build pier for large cruise ships

Brazilian port closure disrupts Asian container line services

Maritime authorities of Singapore and Panama to strengthen ties

Throughput of Freeport of Riga to grow by 10% in 2008 – Latvia’s Transport Ministry representative

Suez Canal head implores world's navies to 'cooperate' to fight pirates

Frontline may post record profit as Iran cuts fleet

Shenzhen Qianhai Bonded Port Area gets state approval

Norway boosts guarantees to shipbuilding

New Arctic containership Zapolyarnyy commissioned

Oil price down to $53.13 in London and to $52.62 in New York