News 2008 December 9

Novolipetsk Steel (NLMK) agrees to sell stake in Tuapse Seaport

Cargo turnover at Riga Freeport up 13.9% in Jan-Nov 08

Russia's rail freight haulage to fall faster than expected

MCC takes over Maersk’s intra-Asia services

Iraq to build new offshore oil terminal in Basra

Yingkou Port to issue up to RMB 1.2 bln corporate bonds

Russia replacing anti-pirate ship off Somalia

Hazira Port plans multi-cargo terminals

French strikes block more than 40 tankers

Sri Lanka's Mercantile Shipping Co. re-builds fleet

RZD to participate in North-South transport corridor project

Throughput of Vanino port up 3.4% to 6.1 mln t in Jan-Nov 08

Throughput of Odessa port up 10.4% to 31.6 mln t in Jan-Nov 08

Gazprom Neft could seek foreign partner for Prirazlomnoye project

TransContainer net profit rises despite global crisis

Ports of Baltic states cut throughput by 1.7% to 115.5 mln in Jan-Oct 08

Throughput of Archangelsk port down 9% to 4.4 mln t in Jan-Nov 08

Hanjin to sign an agreement with Jacksonville Port Authority on Wednesday

COSCO cancels 2009 ship order

PetroChina completes Guangxi crude terminal

Long Beach delays and lowers container fee

South Korea sets four new free economic zones

Taipei and Beijing to launch direct shipping links on December 15

NYK cuts expansion plan by up to 60 ships

Singamas slashes freight box output on credit crisis

Hong Kong: Q3 port cargo throughput hits 67m tonnes

Subic Bay Authority opens container terminal for bidding

Six new box berths at Xiamen win State Council approval

Oil price up to $43.42 in London and to $43.71 in New York

DCT Gdansk boosts handling capacity with three new RTGs