News 2008 December 1

Sergei Generalov – new BOD Chairman of Far Eastern Shipping Company

Vietnam's oil refinery in Dung Quat starts operations

Wartsila secures low-speed diesel concession in China

Iran Shipping Line adds three new ships

Sweden requests additional information on Nord Stream project

Taiwan, China to launch direct shipping in mid-December

PRISCO newest tanker goes to maiden voyage

New payments for Latvijas dzelzcels railroad infrastructure are approved

Helsinki's new port suffers teething problems

Kalmar’s launches next generation low-built forklift

TransContainer approves the credit contracts

Russian Maritime Register of Shipping awarded for development of regulations

Coal prices fall by 18% in a week at China's largest coal port

Piraeus Port posts 9M loss of 0.6 mln euros

Sinopacific Shipbuilding heads to Europe to calm owners' fears

Somali pirates to release Ukrainian ship

Suez toll cut likely to tide over economic slowdown

Saudi, French leaders call for international efforts to protect shipping

Shipping company Navibulgar cuts costs to stay afloat

Nakhodka and Otaru to increase two-way cargo traffic

Oil price up to $53.49 in London and down to $54.43 in New York

Chinese Ports not to lower handling costs despite dip in volumes

Japanese exports posted worst decline since 2001

Federal port authority in Vancouver launches billion dollar plan