News 2009 April 30

Congestion near the port of Novorossiysk numbers 68 cargo trains

Sea Port of Saint Petersburg OJSC to be managed by UCLH subsidiary Transport Asset Management LLC

Sea Port of Saint Petersburg to pay RUR 100 per ordinary share as dividends for 2008

Hyundai Heavy plans wireless shipyard

IMCL to open service from Rotterdam to Gdansk

Mercator Lines signs 14-yr iron ore ship deal with Vale

Russia holds more pirates than any other nation

Transneft and RZD may launch special company to transport oil from Skovorodino to Kozmino

Hyundai Heavy Q1 net profit up 13% to $382.9 million

Zeebrugge LNG terminal could unload standard LNG tankers and regasification tankers

Taiwan's Evergreen Marine lost $82 million in Q1

Gorodets Shipbulding Yard has built 6,000-dwt tanker for Dutch company

Somali pirates could face trial in Russia

Stevedores of Leningrad region up throughput by 4.2% to 25.2 mln t in Q1 09

Net profit of Vanino Commercial Seaport down 24.4% to RUR 19.39 mln

Krasnoye Sormovo BOD recommends shareholders not to pay dividends for 2008

RAS net profit of Transneft down 2.1 times to RUR 556.479 mln

American Commercial Lines announces Q1 2009 results

India’s Mumbai to maintain rates through July

Vancouver Port to stay open despite strike

Montreal Port drops tariff Increase on June 30

CSAV may sell off its CSAV Norasia shipping line

Acron releases its RAS statements for Q1 2009

S.Korea doubles support for shipbuilders to $7 bln

Federal Antimonopoly Service allows scrap metal export via Archangelsk port – region’s administration

Oil price up to $50.78 in London and to $50.97 in New York