News 2009 February 13

Russia prepares law on Northern Sea Route

Gazprom Neft's oil exports fell 2.4% in 2008

Crew of Ukrainian ship freed by Somali pirates arrives in Kiev

DP World reveals Callao plan

Norway ratifies ILO-convention

Jurong box volume drops in January

Evergreen plans Asia-Europe rate hike

RAK Investment Authority to build modern container terminal in Poti seaport

Iron ore imports at Rizhao port double in January

CSAV service to come to Rotterdam

Russian warship detains 3 pirate vessels off Horn of Africa

The Kapitan Khlebnikov icebreaker commences operations in Sakhalin

Russian destroyer escorting 4 ships through Gulf of Aden

Throughput of Archangelsk Sea Commercial Port down 16.7% to 91,200 t in Jan 09

Throughput of Commercial Port of Vladivostok down 35% to 286,000 t in Jan 09

Singapore to join anti-piracy naval coalition

Hanoi follows Beijing in supporting shipbuilding industry

Hyundai Corporation wins rder for ten 5,000-DWT dry cargo vessels from the Volga Baltic Company

Baltic Dry sees first reversal since January 20

UASC implements piracy surcharge

Teekay Corporation reports Q3 results

Hapag-Lloyd announces rate increases on main container routes

Nigerian firm, Dubai firm to build new port in Lagos

OOIL ready to cut 25pc of capacity in Q1

Oil price up to $44.65 in London and down to $33.98 in New York

Indian ports set record growth in 2008