News 2009 July 21

Decline in cargo transit forces Tallink to cut costs

RAS net profit of TransContainer OJSC down almost 45 times to RUR 28.9 mln in H1 09

Cargo turnover of TransContainer down almost 12% to 628,000 TEU in H1 09

Novoship’s new tanker NS Asia delivered

Russian subs mapping the North-Atlantic

TT Club backs Rotterdam Rules

UK detains Panamanian-flag Ro-Ro

FAS approves Transneft subsidiary’s acquisition of 100% in authorized capital of Ust-Luga Bunkering Complex

Number of sea and river transport accidents down 5 times to 4 cases in H1 09

CNOOC eyes jumps in LNG imports, oil and gas output

Speed boxing: Dongguan container depot set up for SCT/CCT customers

Latvijas dzelzcels – a leader in the Baltic States in 2008

Japanese export ship orders fall 80pc in first half

MSC to keep same capacity with scrappings matching deliveries

Malaysia looks to maritime high-tech solutions for Malacca Straits

Le Havre's first half container volume slides 8pc

Antwerp gloomy as first half container volume falls 18.5pc

Oil price up to $66.44 in London and to $63.98 in New York