News 2009 June 8

Igor Rusu appointed Director General of RosMorPort FSUE

Cargo turnover at Ventspils port decreased by 2.3% in Jan-May 09

Throughput of Liepaja port down 13% to 1.7 mln t in Jan-May 09

Throughput of Ukrainian ports down 20% to 43.2 mln t in Jan-May 09

Malaysia's Dialog Group Bhd to build US$1 bln port facility

North Korea bans ships from coastal waters

Gulf states discuss tanker traffic through MEG

Hanjin Heavy Industries raises Subic investments to $7b

Wadan Yards files for bankruptcy

Jawaharlal Nehru Port Trust to float global tender for deepening harbour channel

India's Shipping Ministry to award $692m in port projects

Russia wants to work with UN, NATO against Somali piracy

Matson Navigation ups fuel surcharge

Throughput of Archangelsk seaport down 35.5% to 1.38 mln t in Jan-May 09

Seminar Laytime & Demurrage for Dry Cargo Chartering to be held in Moscow July 6-7 and in Kiev July 9-10

Olimpstroy gives up the idea to build second seaport in Sochi

Vladimir Yakunin: RZD is going to expand logistical services substantially

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

Federal Tariff Service can raise RZD cargo tariffs by 5.7 % from July 1

Vanino Bulker Terminal to reach design capacity of 12 mln t in 2009

100 million barrels of crude oil on vessels around the world

Malaysia MISC, China LNG to build $200 mln tanker

Turkey wants right to re-export Russian gas

STX Pan Ocean fined $2.2 mln for falsifying records

Shipowners refloat Norasia line

Kaohsiung to open bids for terminal lease

Taiwan President wants to set up Ocean Ministry

Shipping Corp. of India plans to buy seven vessels

Chennai International Terminals to start services with existing rates

Maersk Logistics and Damco to merge under Damco name by September 7

Hanjin restructures PSX and CAX into new service offerings

Port of Los Angeles to spend $1.1b in fiscal 09/10

Oil price down to $68.34 in London and to $68.44 in New York