News 2009 March 3

State Duma approves amendments to Law on Self-Regulating Organizations in the first reading

Theodosia Merchant Sea port ups oil handling 2.8 times to 216,500 t in Jan 09

Lietuvos Gelezinkeliai to cooperate with Germany's Logistiknetz

NOL box volumes plunge 35% in the first six weeks of the year

APL and Salalah joined forces to operate a new two-berth container terminal

Tuticorin to get 2nd container terminal

Baltic Dry Index has 1st drop in 2 months

Maersk revamps Middle East services

TUI to cut debt after Hapag stake sale

Orient Express launches Kolkata-Yangon feeder service

Matson expands CLX service to include Xiamen

Zim president quits after disagreement with owners

RZD is to sign railway accord with Spain

FESCO diesel-electric ship “Vasiliy Golovnin” finished its trip to Antarctica

Oil harbor in Kozmino Bay to start work in time

Oil export via Yuzhnaya Ozereika-2 terminal (Novorossiysk) by CTC up 19.6% to 5.72 mln t in Jan-Feb 09

Throughput of Petersburg Oil Terminal up 0.1% to 1.8 mln t in Jan-Feb 09

Sea Port of Saint Petersburg spent RUR 40 mln for social projects in 2008

Rail ferry service Baltjisk-Sassnitz carried 1,200 wagons in 2008

Russia invites Iran to sell oil at Petersburg commodity exchange

Orient Express launches Kolkata-Yangon feeder service

China nearly finished deepening upper stretch of the Yangtze

Slew of new tankers will push rates down: DVB

EU Ministers approve maritime safety laws

Wallenius Wilhelmsen Logistics opens India office

Russia plans to rotate warships off Somali coast - Navy

Genoil Inc. announces MOU with Tianjin Port

Vietnam seeks foreign investors for the construction of a major new port

Fujian's January container throughput declined 10.6pc to 545,800 TEU in January

Guangxi ports container volume increases by 35.7pc to 529,700 TEU y-o-y

Oil price down to $42.21 in London and to $40.15 in New York