News 2010 April 28

LUKOIL extracts first oil from the Caspian field

CGOI gains 10 rubles, to 17,192 a ton

Unifeeder to launch by mid-June 3 new services from St. Petersburg to UK ports

Mumansk Shipping’s profit down 2.7% to RUB138,6m rubles for 2009

Spain to invest EUR100m in the Kaliningrad shipyard

Mass layoffs at Loksa Shipyard

Klaipedos nafta to payout $6.3m of dividends for 2009

Panama Canal’s transit tariffs won’t be overhauled this year

Port of Korsakov’s boundaries are established

Russian ports to see a 3-7% gain in container trade this year

Baltic Dry Index leaps 183pts, to 3203 pts

Trade flows via Magadan Port up 42%, to 121ths tons in Q1

CGOI up 99 rubles, to 17,182 a ton

BHP starts talks to build a new Australia coal terminal

Port Fleet and Labor Union sign a new contract for 3 years

COSCO Pacific Q1 net profit rises 207 pct

South Korean ports Q1 throughput up 12.3 percent to 281 million tonnes

Paragon Shipping orders four bulkers in China

PSA to buy out Chennai terminal partner

Dalian's Q1 volume up 19.6pc to 1.2 million TEU

Zim hikes rate US$200 from India to Europe on May 15

Rickmers Maritime Q1 profit drops 51 percent

NYK Line posts net loss of $187.5 million for 2009

Eurogate net profit tumbles 59 percent to $63.6 million in 2009

"K" Line posts loss of $738.6 million for its fiscal year

OOCL launches carbon calculator

MOL profit down 90 percent for its fiscal year

Oil price down $1.05, to $85.78 in London, in New York to $82.44 (-$1.76)