News 2008 December 12

Throughput of Archangelsk Sea Commercial Port up 20.5% to 1.644 mln t in Jan-Nov 08

Throughput of Nakhodka port up 17% to 14.07 mln t in Jan-Nov 08

Neptune Orient drops most in 7 weeks on UBS downgrade

COSCO Pacific to add investment in Suez Canal terminal

Cathay Pacific passenger throughput down 2.2% in November

Vietnam approves plan for new port city hub

MOL starts consolidation service for US retailer

TNWA and Grand Alliance to co-operate a revised Asia-West Mediterranean service from December 23

Iran to receive three new supertankers

Rotterdam invites tenders for phase 2 of Euromax Terminal

Throughput of Vostochny Port down 5.4% to 19.1 mln t in Jan-Nov 08

Novoship Board authorises repurchase of its preference stock

Auction to sell Refservice cancelled - KIT Finance

Total throughput of Chukotka ports down 18% to 623,500 tonnes in navigation 08

Throughput of Liepaja port up 6.3% to 3.903 mln t in Jan-Nov 08

Wadan Yards delivers new ice-class container carrier to Norilsk Nickel

Sakhalin II operator begins oil exports via new terminal

Oil price up to $47.39 in London and to $47.98 in New York

Shanghai Zhenhua Port approved to issue new A-shares

IMO publishes new IMDG Code

China's port throughput up 0.5% year-on-year

Vietnamese port relocations may be delayed due to lack of funds

MSC gears up for second Brazilian hub

Economic decline hits Jamaica's ports

Beijing and Shanghai offers direct customs clearance

New VCS equipment put into operation