News 2010 April 27

Ust-Luga Port expects to launch a Yug handling facility this July

Earthquakes persist in the Pacific Ocean and the Atlantics

Summer navigation in harborage of Big Port of St. Petersburg and Vysotsk starts from May 1st

Cargo turnover at Port of Sillamae up 2.5% to 750ths tons in Q1

Trade volumes via Port Marseille up 3% to 21.46 million tons in Q1

Russian Parliament confirms the Crimea Navy base lease agreement

Vopak Q1 operating profit up 28 percent

Mumbai Port to get $329m facelift

TS Lines launches China - Australia service

Bharati Shipyard takes German client to court

Larsen and Toubro ready to construct India's largest yard

China Shipping to buy dry-bulk ships

Unifeeder expands UK services

Wartsila to temporarily lay off 730 Finnish staff

DP World's Peru investment to reach $735 mln by 2012-report

OOCL hikes intra-Asia rate US$50/TEU from May 10

DP World container volume up 15 percent in Q1

CMA CGM hikes India rates from May 10

APL volume of 40-foot containers up 32 percent in four weeks to April 2

Atlantic Container Line to phase out chassis fleet from June 1

Panama Canal traffic down 1.5 percent to 3,854 transits in fiscal Q2

Summer navigation starts in the harborage of Ust-Luga on May 1st

Russian ports in the eastern Gulf of Finland are free of ice, icebreaking services over from April 30

EU NAVFOR Frigate Victoria destroys pirate vessels

Russia, Ukraine may cooperate in shipbuilding, Vladimir Putin

Oil price down $0.42, to $86.83 in London, in New York to $84.20 (-$0.92)