News 2006 October 4

Cargo turnover of Kubangruzservis CJSC (Temryuk port) decreased in January-September 2006 by 8.1% to 91.64 thou tons

Cargo turnover of Temryuktrans LLC grew in January-September 2006 by 50.8% to 546.66 thou tons

Cargo turnover of STL-Trding LLC (Krasnodar Territory, Caucasus port) grew in January-September 2006 by 34.3% to 1.8 million tons

Cargo turnover of Lada Gelendzhik Trans CJSC (Krasnodar Territory, Caucasus port) grew in January-September 2006 by a factor of 4.5 to 22.61 thou tons

Cargo turnover of Temryuk port grew in January-September 2006 by 12.7% to 842 thou tons

Cargo turnover of Caucasus port grew in January-September 2006 by 12% to 5.3 million tons

$3.5 million container terminal for finished goods shipment has been put into operation at Bratsk Smelter

Investments of RZhD OJSC into development of railway approaches to the ports of Taman peninsular to make about 10 billion rubles

APL opens own agency in Lithuania

Cargo turnover of Moscow Railway amounted over 9 months of 2006 to 73.4 million tons

Brostrom takes delivery of two newbuilds

Consolidating center with a capacity of 11.625 million tons to be built by 2009 in Samara for handling of containers

Cargo turnover of the Far East ports grew over 8 months of 2006 by 4% to 44.9 million tons

Cargo turnover of the South Basin ports grew over 8 months of 2006 by 1.5% to 105.4 million tons

Cargo turnover of stevedoring companies in the North-West Basin grew over 8 months of 2006 by 6.8% to 124.5 million tons

Cargo turnover of Russia’s sea trade ports grew over 8 months of 2006 by 2.8% to 274.9 million tons

Cargo turnover of Murmansk Sea Trade Port OJSC amounted in January-September 2006 to 10.9 million tons

Chemoil Energy Limited shelves its much publicised $356M Singapore IPO

Oil price was down to $58.43 in London, and to $58.68 in New York

Severstaltrans and First Quantum – owners of National Container Company – have finalized the deal on separation of the Company’s assets

GAC Marine Logistics doubles Asian logistics team

Investments of RZhD OJSC into modernization of Ust-Luga port infrastructure amounted to 1.65 billion rubles

Cargo turnover of Tallinn port grew over 9 months of 2006 by 4.2% to 30.6 million tons