News 2009 October 26

Sailboat Shtandart excluded from state vessels register

Ilichevsk Commercial Seaport (Odessa region) to tender port estate appraiser

Ust-Luga OJSC hands over its shares to RVM Russian Transit

Toll buys NZ freight forwarder for A$125m

Russia delays wood export duty hike, Finland promises to issue permission for pipeline

Bulgaria, South Korea consider joint shipbuilding project

Otto Marine disputes newbuilding cancellation

Vinashin says 15.7% of its $4.1bn orderbook axed

Grimaldi Group anticipates earnings of €100m this year

Kotka port (Finland) cargo turnover down by 35.2% Jan.-Sep. 2009

DP World Jeddah takes delivery of 15 new cranes

Sovcomflot’s Radomir towboat to be involved in LARN plans in the port of Ust-Luga

Russian timber export down by 33%, Jan.-Aug. 2009

Baltic Dry freight cost index up

OSK and Daewoo Shipbuilding (S. Korea) to build a shipyard in Primorskii krai

Long-Beach port (USA) cargo turnover down by 18.3%, Jan.-Sep. 2009

Finland to co-operate with Russia in shipbuilding

RPSM and ship-owners to sign contracts on RF mariners protection

Port of Ningbo handled 1.05 million TEU in September

Maersk saves $500m in bunker costs

Bangladesh shipbuilders appeal for govt help

Shipping Corporation of India plans to float $160-m global tender for 6 vessels

Chinese ship collides with Belgian cargo vessel

Horizon Line’s profit drops 24.3 percent in its fiscal third quarter

Finland to issue permit for construction of the Nord Stream pipeline

Rotterdam Rules draw 20 signatories

Trawler takes the ground in Primorskii krai

Oil price down to $78.92 in London and to $80.50 in New York