News 2009 February 18

Russia, China sign $25 billion deal

Gazprom announces LNG output plans

Deutsche Bahn wants RZD to buy 49% stake in PCC

CSX Corp. delays container facility

India’s top port upgrades security

Santos port to see $2b investment by 2010

Grand Alliance joins with ZIM on Pacific North West trade

Metals pile up at China, Japan ports

Fujairah port aims to handle 1.8mbpd of oil

Cargo turnover in Latvian ports decreased by 0.9% in January 2009

North Korea detains Russian ship

OAO RZD repaired 15,000 km of railways in 2008

Captain of sunken ship crossed Russian border fearing trial

North-Western Shipping Company cuts transportation by 7% to 5.122 mln t in 2008

Mitsui & Co., Ltd is interested in FESCO projects

Russia unveils its first LNG plant in Sakhalin

China State Shipbuilding Corporation to issue RMB3bn of bonds

Container overhang could last until 2014: Alphaliner

Beijing signs $25bn oil deal with Rosneft and Transneft

Libya takes delivery of two oil tankers

Panama Canal won't alter toll schedule

Vizag port to build six berths for Rs 1000 cr

Essar Shipping Ports promoter pledges 15.07% stake

Sri Lanka container terminal faces downturn 12 percent to 122,095 TEUs in January 2009

HK January down 23.2pc to 1.6 million TEU, Singapore off 19.6pc

Mothballed container fleet soars to 392 ships or 1.1 million TEU

Oil price down to $41.03 in London and to $34.93 in New York