News 2009 December 1

PYI disposes 15% stake in Yangkou port

Shenzhen and Hong Kong signed seven cooperation agreements

Several box ships and an aframax scrapped last week

Liners shift ship from DP World to PSA

Marlink secures new five year deal with Compagnie du Ponant

Xiamen Port throughput reaches 101 million tonnes by November 30

Pacific Shipping Trust CEO resigns

NGV Tech to acquire 66 pct stake in South Korean shipbuilder

India plans automotive logistics hubs

Italian Marghera Fincantieri hands over Costa Deliziosa to the client, January 29, 2009

Sochi port cargo district half-completed

FCT cargo turnover (St.-Petersburg) down by 13.6% in Jan.-Oct. 2009

Freight goes down again: Baltic Dry index under 4,000 points

Arkhangelsk port cargo turnover to go down by 36.2% in 2009

First shipyard stage in Bolshoy Kamen’ (Primorskiy Kray) to commence operation by 2012 году

Two berths completed in new cargo district of Sochi port, – Transstroy

Oil price up to $78.47 in London and to $77.28 in New York