News 2009 May 21

Throughput of Izmail commercial seaport down 53.1% to 1.2 mln t in Jan-Apr 09

RZD increases cooperation with the CZ

Novorossiysk terminal NUTEP to raise capacity to 215,000 TEU per year

Hanjin opens $340 million Busan New Port terminal

Ship lay-up woes could worsen

Hyundai to build ten 5,000-dwt dry cargo carriers for Volga-Baltic Company

EU set to extend anti-piracy coverage

Novorossiysk Commercial Sea Port acquires 50-pct share of Novorossiysk heavy fuel terminal

China wants to up refining capacity

M?rsk shipowner and CFO quits his job

EBRD to give St. Petersburg $32.2 mln for Baltic sewage project

Federal Tariff Service approves new tariffs for Archangelsk Sea Commercial Port

Chinese port and logistics delegates call on Port of Hamburg

Cosco terminals see no upturn in April volumes

Five more China ports participate in cross-straits shipping

Coscon extends rotation with two 725-TEU ships on HSH loop

Grand Alliance merges JCX and SCX services into one loop

Hanjin hikes Asia-Europe rates from June 1 and again July 1

Finland says no to Russian transport proposal

Oil price up to $60.59 in London and to $62.04 in New York