News 2009 February 6

Second phase of Ust-Luga oil terminal to start operation in Q3 2009

Pella Shipbuilding plant launches new tugboat built for Ust-Luga Company

Toyota and Lexus have arrived in Ust-Luga

LDz Cargo increased both import and export cargoes in Jan 09

Throughput of Murmansk Commercial Seaport up 21% to 1.4 mln t in Jan 09

Tasmanian port to expand operations

Taiwan Kaohsiung Port '08 cargo volume down 5.7% to 9.67 million TEUs

MOL to increase rates for India-East Africa cargo

Maersk cuts forecast after Danske profit drop

STX Shipbuilding becomes fourth biggest shipyard globally

Sri Lanka renews terminal Colombo bidding

Hamburg port sees weak first half

Israel deports activists from detained aid ship

Ships collide during Antarctic whaling clash

Yang Ming orders more cranes

Maersk planning to reroute more services

Hutchison Port Holdings withdraws from Ecuador venture

Asian scrap yards full as owners cut their losses

Baltic Dry jumps another 14%

Resources of shelf blocks around Shtokman amount to 1.5-2.0 tn cu m of gas

Russian authorities are willing to consider tax support for domestic oil exporters

Throughput of Vostochnaya Stevedore Company up 8% to 400,724 TEU in 2008

8.7% less cargo loaded in Klaipeda port in January 2009

Thai Precious Shipping rejuvenates its fleet

Maersk cuts 08 forecast after Danske profit tumble

Ship freight rates sail out of doldrums

Subic seaport, Philippines surpasses 2008 growth targe

TUI 8pc share drop said be sparked by Hapag loan plan

Moravske naftove doly to produce bunker fuel in port Primorsk

Oil price up to $46.46 in London and to $41.17 in New York