News 2009 July 1

Universal Cargo Logistics Holding consolidates transport assets

First stage of Fuel Oil Terminal in Ust-Luga to start work before the end of 2009

New ferry service connects Russia, Japan, South Korea

Commercial vessel sinks off Qatar coast

"World's largest" shipyard opens in NW China coastal city

China increases fuel prices to help oil refiners

Pal Engebretsen appointed as CEO of Bergen Group

The authority of sole executive body of Sea Port of Saint Petersburg delegated to TAM

Den Hartogh buys parts of Extar

Dutch town of Alblasserdam to get a Container Transferium

Qinvest named as Polish shipyard buyer

World price of Russian oil averaged $50.82 per barrel in 1H09

Oil export duty rises to $212.6 per tonne July 1

Russian ships return home after anti-piracy duty off Somalia

PRISCO takes delivery of Zaliv Aniva, last of six Aframax tankers in the series build by Hyundai Heavy Industries Offshore

Admiralty Shipyards are booked for 8-10 years – Aleksandr Buzakov

Qingdao to host this year’s World Shipping Summit

Pirates attack two ships off Malaysia

Kazahkstan's STL makes Hong Kong and Riga connected hubs

Evergreen combines Far East South Africa and South American services

Owners scrap 94 ships in H1 2009

India’s Port of Jawaharlal Nehru to order cranes

DHL to add 10 hubs in China

Danaos takes delivery of 41st containership

Moody’s downgrades U.S. ports

Oil price down to $69.30 in London and to $69.89 in New York