News 2010 March 1

Shipbuilding industry sees the lowest prices in 6 recent years

Nordic Yards to build a 100m-euro-worth tanker for Norilsk Nickel

GMC posts a $12m net loss for 2009

A Russian 85-ton diesel fuel laden ship catches fire, two days in ablaze at Kirkenes port

ST.Peter Line starts operating Saint-Petersburg – Helsinki ferry line

Kuehne+Nagel posts a 20.2% net profit drop for 2009, to 319m euros

Onega Shipyard to launch Karelia ship

Unifeeder raises its charges for container transportation to the Baltic ports

Irtysh SC to pick an auditor in tender for the company

Annual Report for 2009 "Port service. Bunker market" has been on sale

M-100 HFO average spot price drops to 7.755 rubles a ton, as of February 27th

Larger cargo volumes via Vladivostok customs, the longer traders’ lines

First ESPO oil delivered to Japan

Trans Nafta’s CEO death, alleged suicide

China State Shipbuilding Corp issues more bonds

Export oil duty rate at $253.6 a ton, from March 1, 2010

APM Terminals cut emissions 8 percent in 2009

China's container freight rate up 17pc in 2010

China's January trade value up 44.4pc year on year

Oil price still at $77.59, $79.66 in London and New York, respectively

Pirates release Greek-owned cargo ship