News 2006 October 18

Pietro Barbaro to invest $100 million into oil transportation by Russia’s inland waterways

LUKoil reports on H1 financial performance

Cargo transportation in Odessa region down 2.7% in Jan.-Sept.

Second Stevedoring Company acquires six new Toyota loaders

Zvezdochka shipyard to manufacture screws for European companies

LPG leak shuts Southampton

Baltijsk-Mukran ferry line commences operation

Total vessel operating costs rose by 4% - shipping accountant

Demand for Suezmax tankers expects to grow in the next 5 years - Galbraith

ABS sets up Black Sea Commitee

DP World rebrands marine terminal business

BALtrans launches integrated operational platform in China

Kerry Logistics expands network into India

Davies Turner boosts services to Romania and Bulgaria

BLG opens 6,600-vehicle parking deck at Bremerhaven

Five major European postal operator chiefs meet in Brussels

Export oil transfer of the Belokamenka Terminal to make 4 million tons in 2006

Cargo transportation of RZD OJSC up 3.2% in January-September

FESCO to increase its authorized capital by 25%

The Obski-62 cargo motorship has stroke aground at the Svir river

Loading of North Caucasus Railway up 4% in 3Q06

Water transportation of Ukraine up 5.4% in January-September

New strategy of Russia’s shipbuilding development – Viktor Khristenko

Oil price was down to $60.94 in London, and to $58.93 in New York

Novorossijsk Commercial Seaport to issue Eurobonds to a total amount of $200-400 million

Gazprom considers Korea link

Eight dead in Mexican tanker blast

Russia’s crude input up 3.1% in October 2 - 8

Ennore, Mumbai ports to build shipyards

Guangzhou shipyard shares soar 7.8pc on sixfold profit forecast

Cargo turnover of Latvian ports up 1% in 9M06

Soyuztranslink launches China rail service to Central Asia, CIS