News 2009 April 15

Azerbaijan postpones construction of the new Baku International Sea Port from 2009 to 2010

Krasnoye Sormovo Shipyard commissions the second plasma-cutting machine

Russia's oil output declines 1.3% to 880 mln bbls in Q1

Eurogate stands firm despite calls to cut prices

Throughput of Kaliningrad Sea Commercial Port down 31% to 3 mln t in Q1 09

Somali pirates hit another US-flagged cargo ship

Maryland receives $6.4m port security grant

French fishermen blockade Channel ports

UBS raises stake in China Shipping Container Lines

All-Russia Forum "Current State and Prospects for Development of Russian Bunker Services Market" to be held June 25-26 in St. Petersburg

Throughput of Ust-Luga port up 14.8% to 1.8 mln t in Q1 09

Port Liepaja to build two container terminals and to raise container throughput to 500,000 TEU

Throughput of Novorossiysk Commercial Sea Port Group up 13.6% to 21 mln t in Q1 09

Ventspils nafta transships 3.8 mln t of crude and oil products in Q1 09

Crude transshipment via Belokamenka terminal to make 9 mln t in 2009 – Sergei Didenko

Singapore container throughput down 14.8% to 2.2 mln TEU in March 09

Hyundai Heavy secures farms in Russia

Caspian littoral states near deal on sea status - Russia's Lavrov

India's Karaikal port opens on Wednesday

India's Cochin Shipyard plans to build Kerala repair complex

KAMCO postponed the sale of its stake in Daewoo Shipbuilding on later this year

Nippon Yusen to cut fleet expansion by 10 percent

Maersk to review ship routes off Somalia

Philippines Subic seaport posts revenue of P130m in Q1

Panama transits down 1.4 percent in second fiscal quarter

EC requires proper implementation of port state control rules from Poland and Spain

Oil price down to $51.96 in London and to $49.41 in New York