News 2009 April 24

Krasnoye Sormovo plans sales revenue at RUR 4.5 bln in 2009

Eni closes deal to sell 20% in Gazprom Neft to Gazprom

Nikolayev port (Ukraine) to increase investment in port development by 50% to UAH 33 mln

China Cosco to delay ship orders after H2 loss

Norway terminals can get Russian oil

Korea unveils $6.4 billion plan to restructure shipping industry

Tianjin Port container throughput up to 2.77 million TEUs in fin 2008

Philippines Asian Terminals profit up18% in 2008

Russian trawler sinks off Norway coast, captain dies

ECT and Kombiverkehr launch Betuwe Express from Maasvlakte to Duisburg

Net profit of Varandey Terminal down 2.4 times to RUR 111 mln in 2008

Cargo navigation opens at upper Volga

Throughput of Izmail commercial seaport (Ukraine) down 46.6% to 1 mln t in Q1 09

Draft law to be considered by Petersburg legislators envisages reduction of time for passenger terminal development

South Korean government to focus on five big yards

Scrapped bulkers jump to 99 in first quarter - Clarkson

COSCO gets $15bn credit line from ICBC

Nippon Yusen expects 60% profit drop in FY09

DFDS Lisco got new ferry

Gazprom Neft grabs 16% of Sibir Energy

Indian ports traffic up 11.94% in fiscal 2007-08

Maersk subsidiary links Russia, South Korea

Maersk changes Asia-Europe services

South Korea to buy ships from troubled carriers

Oil price up to $50.11 in London and to $49.62 in New York