News 2009 April 7

S Korean govt to launch US$3 bln fund to help shipping lines

Suez Canal revenue up 8 per cent in March

Somali pirates seize five ships in 48 hours

Novoship transported 60 mln t of cargo in 2008

Evergreen renews direct calls at Ashdod

Daewoo Shipbuilding launches the world largest containership

Rotterdam CEO calls upon China to join forces to reject all forms of protectionism

State financing for transport infrastructure development to grow to RUR 560 bln in 2009

Moody's places Sovcomflot’s Baa1 under review for possible downgrade

Admiralty Shipyards and Sovcomflot plan signing contract for gas carrier construction

Russian Lukoil and Transneft interested in buying shares in Mazeikiu

Throughput of port Archangelsk down 34.7% to 740,300 t in Q1 09

Georgia detains cargo ship with Russian crew

Throughput of Klaipeda port down 17.9% to 6.5 mln t in Q1 09

Construction of sea oil-loading terminal in Kozmino Bay enters the final phase

Evergreen upgrades its Far East - Panama service

Jurong Shipyard bags $247m contract

Le Havre faces strikes this week

Murmansk Fishing Port doubles unloading to 71,400 tonnes in Q1 09

Oil price down to $52.24 in London and to $51.05 in New York