News 2009 June 4

Total oil-loading capacity of Baltic states’ ports is likely to reach 100 mln t in the nearest future - expert

Latvian Railway holds talks with Mazeikiu Nafta on cooperation

RZD loading down 24.9% to 428 mln t in Jan-May 09

Daewoo Shipbuilding wins a US$45 million order

Odense Steel Shipyard delivers the first of six ro-ros

HHLA still downbeat on 2009 throughput outlook

DryShips cancels cape newbuilding

JPMorgan increases share hold in Pacific Basin Shipping

Port Klang Authority faces RM148m lawsuit

Krasnoye Sormovo not to pay dividends for 2008

Throughput of Tallinn port up 1% to almost 13 mln t in Jan-May 09

Second tug to serve tankers in Kola Bay delivered to SCF Group

Throughput of Odessa Commercial Sea Port down 18% to 12.2 mln t in Jan-May 09

Net profit of Taganrog Commercial Seaport down 14.4% to RUR 4.6 mln in Q1 09

Socar to start shipping crude from Georgia's Kulevi port

Cathay Pacific CEO says cargo business stabilising

Vyborg Shipping Company claims for bankruptcy

Q3 cape FFA rates slump 32% in a day

National Shipping, Arasco to form $300 million shipping venture

Two Dubai port staff face ?trial for alleged fraud

Fitch downgrades CMA CGM debt

Maersk reflags nine ships in U.S.

Israel Corp. lends Zim $50m

CMA CGM hikes Asia-Europe rates

Port authority: private investments must be attracted to Port of Klaipeda

TransContainer and VMZ have concluded a memorandum for Nord Stream supplies

3-4 additional icebreakers are needed for the Gulf of Finland– RosMorPort

St. Petersburg prepares for economic forum

Oil price down to $65.88 in London and to $66.12 in New York