News 2009 June 15

Throughput of Ust-Luga seaport up 27% to 3.5 mln t in Jan-May 09

RF Government approves draft Concept for reforming management system of Russia’s IWW– Transport Ministry

Throughput of Neva-Metall CJSC (Spb) up 16% to 752,400 t in Jan-May 09

“Zvezdochka” to establish projecting bureau for offshore platforms

Throughput of Latvian ports down 1.2% to 26.9 mln t in Jan-May 09

S.Korea STX Offshore wins $340 mln tanker orders

SAfrica's coal port expansion delayed to Oct 1

Maersk plans Odense shipyard job cuts

Singapore's bunker sales up 12% in May

Malaysia's Port of Tanjung Pelepas expects growth this year

EU extends Atalanta piracy operations

Chevron's $4 billion Vietnamese project delayed

Arkhangelsk Sea Commercial Port will not pay dividends for 2008

Severnaya Verf to launch supply vessel built for Siddis SkipperII AS on June 16

Throughput of Petersburg Oil Terminal up 2.1% to 4.8 mln t in Jan-May 09

All train traffic in Finland stops for 24 hours

National Container Company overcomes negative trends caused by economic crisis – NCC Vice President

Russia to raise oil export duty to $212.6 per ton from July 1

Norwegian company BAU-HOW has officially announced its establishment in Latvia’s Ventspils

RF border guards detain poacher ship in Tatar Strait

Spain, UK, Belgium to take LNG by June 20

Iran inks contract with CNPC to develop phase-11 of South Pars

Qatar's Nakilat raises $950m for LNG tankers

Korean shipping fund to purchase 62 vessels

Venezuela to nationalize ports

UK port traffic falls 9 percent in 1Q

EU probes acquisition of short sea carrier

Ventspils Port’s volume of gasoline cargoes increased by 70% in five months

Oil price down to $70.92 in London and to $72.04 in New York