News 2010 August 5

Russia’s ban on export of wheat is effective Aug.15 - Dec.31, 2010

Southernpec, Universal get license to deliver bunkers in Singapore

China's coastal bulk freight index down 2.85% in July

Orient Overseas posts Q2 profit of $149 million

Two cargo ships collided off Indonesia, 10 missing

ICTSI's first half income up 83% to $42.4 million

St.Petersburg Gov: freight transport to be removed from the city

Cargo turnover at Nakhodka Port in July is down 27%

Arkhangelsk Port’s throughput up 36.5% in Jan-Jul, to some 2.6m tons

Oil products volume via Klaipedos nafta up 6.8% in Jan-Jul, to 4,7m tons

Russian Railways, Astrakhan authorities endorse the 2nd Conference "The Future of Russian Ports"

India's Mundra Port to spend $1.3b on expansion

Korean ports throughput up 20.8% in July

Gulftainer expands operations in Iraq

Former chairman of Vinashin arrested

BDI falls 0.36 percent to 1,957 points

Safmarine to launch Far East-Africa service

India's ports cargo throughput up 14 percent in April-July 2010

Washington port secures funds for rail construction

Samskip starts service between Rotterdam/Hamburg and Norway’s West Coast

Crude-futures price down to $82.20 in London, in New York, to $82.47