News 2009 May 8

PortNews IAA congratulates its readers on the Victory Day

Hanjin Shipping sees recovery in H2 after Q1 loss

New oil terminal of the Black Sea region

10.4% of global fleet is idle

Panama sets up registry for laid-up ships

Severnaya Zemlya bulker enters the fleet of Murmansk Shipping Company

Downturn forces Modern Terminals to delay Zhoushan project

Abu Dhabi Shipbuilding profit tumbles 62% in Q1 2009

Lukoil icebreaker stuck in Norway

Almost 500 newbuildings cancelled at the world’s shipyards: DNV

RPK-Vysotsk LUKOIL-II to accept first river tanker in navigation-2009 today

Throughput of Murmansk Commercial Seaport up 8.8% to 5.2 mln t in Jan-Apr 09

Throughput of Baltic ports down 5.5 % to 34.4 mln t in Q1 09

RAS net profit of Volgo-Don Shipping Company down 24.6% to RUR 5.7 mln in 2008

New Russian Far East VLCC port coming on-line

Russian Federation introduces visa-free regime for tourists arriving by ferries

RZD has invested 55.7 billion roubles in infrastructure in four months

Oil price up to $56.47 in London and to $56.71 in New York

Yemen LNG plans to start shipments this summer

South Korea's STX and Indonesia's Pertamina form JV

Bharati Shipyard acquires 14.89% stake in Great Offshore

DP World forms joint venture with Flinders Ports

US box imports declined 15 percent in March

Throughput of Kaliningrad Sea Commercial Port down 66.8% to 922,000 t in Jan-Apr 09