News 2010 April 29

Volga-Baltic Canal open for transits from April 30

CGOI gains 43 rubles, to RUB17,235 a ton

General Maritime posts a record $9.1m net loss in Q1

Baltic Dry Index up 126pts, to 3329 pts

Kherson Shipyard's output up 19.6%, $52m in 2009

Okskaya Shipyard launches 3rd tanker, ordered by AET

EST starts major renovation of the first container terminal

Hijacked Thai and Panama flagged ships arrive off the coast of Somalia

RosTerminalUgol’s exports some 2m tons of coal this year

Russian Transport Ministry to help the II International Conference "The Future of Russian Ports"

FESCO, Mitsui sign a deal on a joint venture

Philippine ICTSI to issue up to $200 mln of dlr bond

Abu Dhabi Ports awards $81m contract

Precious Shipping Q1 profit drops to $15.28m

Kuwaiti Oil Tankers Co. to start shipping petrochemicals

Panama Canal freezes tolls, proposes new structure

Antwerpen loses Key breakbulk contract

Cosco lost $1.1 billion in 2009

CMA CGM opens renovated Iraq berth

Kaliningrad Port’s net income up 3.3 times, to RUB6.663m for 2009

Russ ferry’s maiden trip starts July 2nd, to serve the Baltic line

New leak discovered at the site of oil rig disaster

Russia raises export duty rate on crude oil from May 1, $284 a ton

Earthquakes in the Pacific Ocean region, elsewhere

New head of Russia’s GosMorSpasSluzhba is appointed

Oil price up $0.38, to $86.16 in London, in New York to $83.22 (+$0.78)