News 2009 April 14

RF Transport Ministry recommends that sea and river ports are preferentially taxed

Investment into RF transport system to grow by 30% to RUR 560 bln in 2009

Throughput of Kaliningrad Fishing Port down 43% to 520,000 t in Q1 09

Aleksandr Koval – new head of Federal Insurance Supervision Service

STX Darien Shipbuilding raises 2.85 billion yuan in China

Finnlines issues Q1 loss warning

Long Beach expansion approved

Somali pirates hijack 3 more ships

Singapore March bunker sales jump 17 pct vs Feb

Singapore port volumes up in March to 2.14 million TEUs

South Korea's STX Group scores Chinese funds for Dalian expansion

CKYH plans more cooperation

Shipbuilding plant Zaliv (Crimea) ups production output to UAH 123.3 mln in Q1 09

RZD cuts oil cargo transportation by 6% to 57.275 mln t in Q1 09

Globaltrans IFRS profit up 5% to $97.4 mln in 2008

Total throughput of Russian seaports up 4.5% to 110.6 mln t in Q1 09

Ukraine’s Cabinet of Ministers simplifies customs clearance in seaports

Throughput of Commercial Port of Vladivostok down 26.7% to 1.1 mln t in Q1 09

Putin to chair meeting on roads, transport during working trip to St Petersburg

Russia confirms Somali pirates free tanker with Russian onboard

Philippines president Arroyo to open roro terminals in the Visayas

Dry cargo rates fall on China import fears

Maersk Line and APL maintain the routing via Suez despite pirates

Environment inspector Oleg Mitvol resigns

Indian government to bring all ports under one tariff regulator

Oil price down to $52.14 in London and to $50.05 in New York