News 2009 February 16

Throughput of Nakhodka port down 5.6% to 1.3 mln t in Jan 09

Throughput of Vostochny Port down 13% to 1.49 mln t in Jan 09

China State Shipbuilding Corp to sell CNY3 billion 5-year notes Feb 23

STX Shipbuilding to sell stakes in STX Europe to recover cost

Grand Alliance restructures Asia-East Med/Black Sea service

Nordic American Q4 profit up to US$17.2 m

Caribbean outbound Aframax rates down 32%

ITF offers help to credit crunch-hit owners

Ras Al Khaimah to сonstruct new container terminal in Poti Seaport

Volgograd Shipyard is on the verge of bankruptcy having lost its major customer

Copenhagen Malmo Port reports a EUR 16.6 million pre-tax profit for 2008

China Shipping Container Lines mulls financial JV

MMC Corp gets nod to talk with foreign investors

Northport may delay wharf-upgrade

Syrian Tartous International Container Terminal to handle transhipment

CMA CGM changes Caribbean-Asia direction to bypass Panama Canal

Two more Asian liners cease operations

Estonian Railway’s transit of goods down 15% in Jan 09

Nord Stream to unveil environmental report in early March

Central Bank to prevent abrupt ruble fluctuations

Dmitri Medvedev signs Federal Law on Navigation Activities

Russia completes Nord Stream environmental survey

Foreign ship sinks off Russia's Pacific coast, 8 sailors dead

Port of Tanjung Pelepas outlines expansion plans

'Oversupply' of LNG in 2009

ELAA figures show box trade downturn

Maersk Line risks historic deficit

Suez Canal traffic at five-year low

SSA welcomes reduction of Singapore port dues

Indonesia sees container volumes down 20-30 pct in '09

Shandong ports 2008 throughput up 14.3pc

Port of Taipei set to open next week

Suzhou throughput ranks first among China river ports

300 Hong Kong logistics firms face shutdown in slump

Hong Kong's Great Ocean Container Lines closes operations

Oil price down to $44.81 in London and up to $37.51 in New York