News 2009 March 30

State financing of transport infrastructure to be cut by 28% in 2009 – Igor Levitin

Krasnoye Sormovo launches sixth tanker project RST22 for Palmali

Singapore's NOL moves 21 pct less cargo in 4 weeks to March 6

Nippon Yusen plans to build car terminals in India, China

Shanghai Zhenhua wins $70m order

Tanker grounded off Norwegian coast

Keppel O&M bags projects worth of S$300m

Gas tanker hijacked by Somali pirates released

The Metelitsa vessel arrested by court decision for debt to shipboard personnel

Maersk to hike US to Mediterranean rates

Economy Minister of Latvia hopes to make changes within the board of Riga Port

China-Japan transport corridor via Russia and Korea starts test operation

Maersk signs cooperation agreement with China's Baosteel

Throughput of Odessa region’s ports down 7.4% to 15.18 mln in Jan-Feb 09

Miami port tunnel decision postponed

Hamburg Sud restructures Europe-Australasia services

Transport Ministry approves dates for navigation opening at RF inland waterways

Guangzhou shipyard merger called off

Shipping Corporation of India may withdraw container liner service to Europe

India's container traffic falls 26 per cent in January

Japan finances South African port project

Equatorial Guinea aims to double port capacity

India's Dhamra Port to sign cargo pact with Tata Steel

China's Jiangyin Port plans throughput of 750,000 TEU this year

Oil price down to $51.98 in London and to $52.38 in New York

Water transport system Riga-Herson-Astrahan to link Baltic and Black Seas

First Russian LNG to Japan