News 2009 February 2

Odessa Port announces an ice campaign

Saaremaa-Ventspils ship route not to be operated in 2009

Throughput of transport companies in Murmansk region down 7% to 37.3 mln t in 2008

Russian-Chinese loan talks nearing completion

Part of Kalija parks terminal in Ventspils could be sold

KMA and Hyundai Heavy ink US$600 million polysilicon deal

NYK Logistics (Americas) acquires Bruni International

Deutsche Bahn buys Polish rail company

Daewoo Shipbuilding's Q4 net rises more than 5-fold

India-Europe box rates plunge 50 per cent

Sharjah port throughput up 25% in 2008

Jakarta box volumes predicted to slump 30%

Pakistan National Shipping Corporation to buy four new ships

Wartsila among 100 most sustainable corporations in the world

Scandlines down volumes in the Baltic area in 2008

Russian International Register of Vessels numbers 219 ships with total dwt of 1.2 mln t

Russian seaports to handle 470 mln t of cargo in 2009 – Aleksei Klyavin

Norwegian Minister of Fisheries against Russian law on fish deliveries

Construction of Sochi seaport to be completed in 2009 – Igor Levitin

K Line lost $115m in Q3 ended Dec. 31, 2008

Horizon Lines lost $18m in Q4

Indian Railways to develop multimodal logistics parks

STX Europe denies Korea move

Indian maritime infrastructure investment must be quadrupled - minister

Third phase of RAK port expansion begins

Grand Alliance suspends EU5 (Europe–Far East) service

GE Shipping net profit down 17.9% in Q3 FY 2008-09

Eimskip's earnings negative by EUR 648 million in 2008

Nippon Yusen, K-Line slash full-year profit forecasts

Caribbean tanker rate down 62% in four weeks

India's Tuticorin port slashes rates to attract more cargo

Dubai Maritime City signs MoU with Arab Sea Ports Federation

Pickets to take place in Primorsky Region ports

Oil price up to $45.88 in London and to $41.68 in New York