News 2009 September 29

VEB to finance construction of a super shipyard in Primorsk with first tranche totaling RUR 700 mln

Russia to dismantle 191 nuclear submarines by late 2010

RosMorPort FSUE recognized as violator of antimonopoly legislation

State Property Fund sells 99.6% in Odesa Portside Plant to Nortima for UAH 5 bln

Constitutional Court rejects submission from Yuschenko challenging privatization of Odesa Portside Factory

IFRS net profit of Novorossiysk Commercial Sea Port up 52.5% to $128.9 mln in H1 09

BoD of United Shipbuilding Corporation approves Far Eastern shipbuilding development concept

Grain terminal of Tuapse Commercial Seaport handles first wagons with grain

Indo-Italian JV wins contract to build deepwater bulk jetty at Sohar

Famous Pacific opens HK-Eastern EU link

Containership fleet capacity to spike by 7.3 percent by year end

Willis gets Panama Canal contract

Germany ready to guarantee Hapag-Lloyd loans

EU extends ocean carrier anti-trust exemption

Mediterranean Shipping switches NY-NJ terminals

Oil price up to $65.54 in London and to $66.84 in New York