News 2009 June 1

Yuzhny port (Ukraine) to invest $910 mln in port development by 2015

Net profit of Novorossiysk Shiprepair Yard up 3.7 times to RUR 71.5 mln in Q1 09

Throughput of Helsinki port down 25% to 3.229 ml t in Jan-Apr 09

Container market to pick up by year-end: Maersk

OPK and Sovcomflot to sign agreement on cooperation at Petersburg Economic International Forum

Ave Logostic starts offering trips from Latvia's Liepaja to Germany

Baltic index rises to 8-month high

MISC auxiliary vessel to protect ships from pirates

Petronet restores full capacity at India LNG terminal

Two S.Korean firms to sign Indonesia ferry deal-sources

Oman to establish first bitumen refinery in the Gulf

OTAL extends services between Europe and West Africa

New Sri Lanka computer system causes port delays

Philippines authorities to push up industry fines

Gazprom Neft's oil exports up 4.6% in Jan-Apr

China shipbuilding orders fall by 95% in four months

Urals crude price averaged $47 in January-May

Marine Insurance Forum 2009: Russia & CIS to be held in Moscow on June 25-26

Riga kugu buvetava earned LVL 747,209 of profit in first three months

Ventspils nafta posts LVL 3.05 million of profit in first quarter

Klaipedos Juru Kroviniu Kompanija earnined 29.5 million litas in Q1

SCI and MSC launch India - Europe service

LENMORNIIPROEKT BOD appoints Aleksandr Batyunya Director General of the institute

The politics of Arctic oil exports

Bharati Shipyard to make open offer for Great Offshore

Busan Port sees cargo drop by 14% this year

Panama Canal invests $320m in upgrades

Oil price up to $65.52 in London and to $66.31 in New York