News 2009 March 26

Busan Port’s container cargo volume down for 4 consecutive months

OTAL restructures its Nigeria's service

TUI posts loss on merger costs, ups savings forecast

Alaska volcano eruption shuts oil terminal

China Shipping Container Lines, Shanghai Port shares climb

PetroChina's profit plunged 22% in 2008

Busan establishes automated port control

China Shipping 2008 net profit down 96%

DP World invests $19m in Chennai

Taiwan's Kaohsiung signes an intent of cooperation with three mainland ports

Lloyd’s Register opens $8m surveyor training facility in Shanghai

Topaz-DVB sign $23m vessel finance agreement with Germany’s DVB Bank

Brazil's Petrobras workers continue five-day strike

INTTRA signs long-term contracts with Maersk Line, MSC, CMA CGM, Hapag-Lloyd and Hamburg Sud

IMO considers new route for Lagos bound ships

UK short sea capacity up to 15.6 million trailer

Dry cargoes trans-shipment volume down 7.1percent in Russian ports in Jan-Feb

MCC Transport launches intra-Asia service

Hapag-Lloyd profit up 19 percent in 2008

J. Lauritzen A/S reports results for 2008

Oman’s Salalah port volumes up 25 percent in 2008

Korean shipbuilders get only 2 orders in February

Dalian Port imports 1.37 million tonnes iron ore in February

Maersk hikes Euro-Asia rates

Oil price down to $51.75 in London and to $52.77 in New York