News 2008 December 17

Deputy PM says Russia may cut oil exports by 16 mln tns in 2009

OPEC plans 'severe' cut in oil output

Security Council approves piracy land pursuit

Russia's 2008 oil output to show 0.6-1.2% fall - energy minister

Shareholders want a new board of directors in Nordic Tankers

Green light for merger between Arlington and GenMar

Somali pirates seize Turkish ship with 8 Ukrainians in crew

Busy start to week for Somali pirates as UN acts

NITC says five of its VLCCs attacked

CPC members sign accord on raising pipeline capacity

Net profit of Novorossiysk Commercial Sea Port up 43% to $106.3 mlln in Jan-Sep 08

Beijing gives approval to Chongqing Cuntan Free Trade Zone

Russian Railways to curb rise in freight tariffs

Japanese yard in bankruptcy

Frontline and Teekay in suezmax pool

The Port of Helsinki to discontinue charging wastewater fees

Germanischer Lloyd first foreign classification society to receive Polish flag authorization

Fuzhou Port to build two new container berths

Cosco Pacific ups Suez CT financing to build phase 2

CMA CGM post-panamax vessel inaugural berthing at Gulf

DHL launches new web-based real-time shipment tracking

HK November down 13.2pc to 1.805 million TEU, Singapore down 1.5 pc

Oil price down to $44.56 in London and to $43.60 in New York

IFRS net profit of TransContainer up 86% to RUR 1.5 bln in H1 08