News 2009 April 22

26 Latvian enterprises participate in "TransRussia" exhibition

PRISCO to use net profit gained in 2008 for the company development

Vanino Commercial Seaport to cut dividends

St. Petersburg Legislative Assembly approves bill on water transport

Russian Baltiisk shipyard workers demand overdue salaries

Mexico reopens Dos Bocas oil terminal in Gulf

Shipowners may have cancelled 260 vessel orders

Port of Tallinn issued 20 mln euros worth of bonds

DP World plans to remodel Algiers port

Port of Long Beach to test Kalmar hybrid terminal tractors

Council of Federation approves bill simplifying vessel mortgage

Russia, Ukraine to discuss delimitation of Azov, Black Seas on April 22-23

China to build 3 multifunctional ports near Russian border for $15 mln

Plan for development of Commercial Seaport Yuzhny till 2015 approved by Ukraine’s Transport Ministry

Shipbuilding and ship repair services of RF fishing companies could be exempt from VAT payment from 2010

Russian tanker crew fights off Somali pirates with fire hoses

Federation Council ratifies RF-Lithuania agreement on navigation in Kurshski Bay and Kaliningrad region's waterways

Pressure continues on Asian box trades - Clarkson

Vinalines to hire Credit Suisse for $600 million financing

Euronav reports financial results for Q1

India's Jawaharlal Nehru port extends rates through July

Cosco to extend SE Asia service

South Carolina Ports awards Charleston terminal contract

Sovcomflot IFRS earnings up 31.5% to $1.634 mln in 2008

Oil price down to $49.82 in London and to $46.51 in New York