News 2008 December 4

Cargo transportation by Caspian Shipping Company up 12.6% in Jan-Sep 08

LDz profit may fall

Sovcomflot expands its programme of professional education for seamen

Panama Register passes 8000-ship milestone

STX Europe to design and provide ship's equipment for four platform supply vessels

Hutchison to invest in new Shenzhen container berths

Maersk Line to lay up 8 ships

Mexican terminal tender cancelled

Leningrad Region Government to work out transport development strategy in 2009

West Bengal to go ahead with Kulpi Port project

Expected capacity of alternate route to Neva to make 45-46 mln t p.a. - Trebnev

PKN Orlen asserted claims against Yukos International UK regarding Maziekiu Nafta shares

Throughput of NCC terminals up 15.1% to 1.6 mln TEU in Jan-Nov 08

Medvedev says Russia, India must finalize Admiral Gorshkov terms

Technical Design completed for the new European Research Icebreaker "Aurora Borealis"

Oil price settled at $45.44 in London and at $46.79 in New York

HELCOM report shows sharp decrease in ship collisions in the Baltic

Pakistan to buy three advanced German submarines

CMA CGM to double seafarers' pay

Russian warship to visit naval base in Panama

Chennai box terminal costs soar by 21% to $740m

MOL’s TraPac terminal to open at JAXPORT in January

Shipbroking company ACM sees profit double

France rejects Dutch 4Gas' LNG terminal project

Golden Ocean says aims to reduce shipbuilding plan

Maersk Line to start multi-trade refrigerated service EUROMED

IMO and EU collide over Class certificate recognition

Hong Kong's OOIL pessimistic on 2009 shipping outlook

Mitsui O.S.K. may cut profit forecast on slump in charter rates

EU to launch anti-piracy mission next week

Gov't to support non-oil and gas exporters

Cosco to sell slots on AES service to PIL and Wan Hai

Throughput of Vostochny Port OJSC down 10% to 13.7 mln t in Jan-Nov 08

Russia wants to participate in intl efforts to combat piracy off Somalia- foreign ministry