News 2009 March 5

RZHD will invest RUR 9.4 bln in purchase of the rolling stock

Russian shipping line in Gothenburg for the first time

Chinese port volumes shrink in February

Container train traverses Siberia in under 7 days

Delta Shipping Lines includes Gothenburg into its service between Germany and St Petersburg

MOL adopts ‘Hawk Eye’ crane safety system

Kuehne & Nagel's Q4 profit up 7%

Moller-M?rsk’s net profit down 5% to $3.4 bln in 2008

South Korea aims to restructure shipping firms

Tianjin Port set for $1.8bn upgrade

CMA CGM, China Shipping, Maruba and K Line to merge SEAS 1 and SEAS 2 loops into one service

Income of Suez Canal shrinks by 65% in January

Rosneft reports rise in oil production in 2008

Russia's Rosneft reports 70% US GAAP net profit rise in 2008

STX Shipbuilding launches 51,000-dwt tanker for PRISCO

Throughput of Temryuk seaport up 1.9 times to 441,710 tonnes in Jan-Feb 09

Throughput of seaport Kavkaz up 16.4% to 861,000 tonnes in Jan-Feb 09

Russia's oil exports down 3.6% in January

Throughput of Odessa port down 20% to 4.616.4 mln t in Jan-Feb 09

Throughput of Vostochny Port OJSC down 17% to 2.046 mln t in Jan-Feb 09

International consortia present bids for Panama Canal locks construction

Oil price up to $46.12 in London and to $45.38 in New York

Chongqing port box volume down 28.8 per cent in January

Qingdao Qianwan port to build Northeast Asia trunk transit port

Idle box ships hit record 1.35 million TEU, 10.7pc of world fleet

Yangtze beats Mississippi and Rhine as top cargo carrier