News 2006 October 6

Transcontainer July-September net profit made 450 million rubles

Cargo turnover of Taganrog Sea Trade Port OJSC fell in January-September 2006 by 13.1% to 1.2 million tons

Cargo turnover of Ust-Luga coal terminal to make 8-10 million tons in 2007 – Sergei Kuklin

APM Terminals opens Zeebrugge terminal

Transshipment of oil products at the Taman Road Transshipment District (Caucasus port) amounted in January-September 2006 to 2.2 million tons

SCA acquires 75% of UK-based Cool Logistics

Malaysia's exports rise 14.8% to new record in August

Transshipment of oil products in the port of Caucasus amounted in January-September 2006 to 1.08 million tons

Kremenchug refinery (Ukraine) decreased its volumes in January-September 2006 by 1.3% to 4.58 million tons

Volume of oil products transshipped by Petersburg Oil Terminal through 9 months of 2006 fell by 3.6% to 7.8 million tons

The Federation Council has set up a Committee on national marine policy

Norilsk Nickel IFRS net profit grew in the first half 2006 by a factor of 2.4 to $2.4 billion

Russian Federal Property Fund announces the auction to be held on October 24 for sale of 20% stock of Amur Shipyard OJSC

Vitol Group has acquired 35% of Ventspils nafta Joint Stock Company

Oil price was up to $60.00 in London, and to $60.03 in New York

Cargo turnover of Azov-Don Basin ports decreased in January-September 2006 by 7.8% to 13.1 million tons

Japan is considering imposing further sanctions against North Korea, including shipping

Severstal to list on London floor

Cargo turnover of Vostochnaya Stevedoring Company decreased in the third quarter 2006 by 16% to 204 674 TEU

Nicaragua to build new canal in 12 years

Sinotrans launches three express services to Japan

Transbunker Group of Companies to invest $100 million into a new bunkering complex in Taman

About 23.5 million tons of oil produced in Tatarstan through 9 months of 2006