News 2010 February 26

This year’s navigation starts later, ice conditions, high water

Frontline Q4 profit down 66 percent

Burma to privatize ports

China container sea rates up 17 pct this year

Victor Olersky to join MTH’ Board of Directors in the first half of 2010

Volumes growth forecasted at 5% for Russian sea ports this year

Orlen Lietuva posts a $34m net loss for 2009

Another oil spill report at Avachinsk Bay

Vostochny Port targets a 30 percent gain in volumes, 3 million tons this year

Court rules to freeze Astrakhan Shipbuilder’s accounts

Koon wins $160m Vietnam port project

Gunvor to deliver ESPO from Kozmino port to South Korea this March

Indian cargo vessel seized by Somali pirates

Shenzhen container volume up 16pc in January

COSCO to increase US-Asia cargo rates

Marseilles Fos volume up 27 percent year-on-year to 84,029 TEU in January

Oil price down $1.80 to $76.29 in London, in New York at $78.17 (-1.83)