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

PetroChina's profit plunged 22% in 2008

China Shipping Container Lines, Shanghai Port shares climb

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