News 2006 October 19

Russia’s Government approves principal aspects of a shipbuilding improvement strategy

Transport Ministries of Russia and Germany sign Declaration on Cooperation

Volga Shipping Company – 9M06 results of cargo transportation

Estonian Ports in September 2006

Indonesia to buy Russian submarines

Vitebsk Branch of Oktyabrskaya Railway – 9M06 loading results

UK freight forwarders are to be removed from the scope of the Financial Services Authority

EBRD to grant a $27 mln credit to Yugreftransflot (Ukraine)

Container Terminal Services, Inc.has secured a US$120m standby credit facility to fund further acquisitions

UK to take 4 or 5 years to ratify ILO Super Convention

Zvezdochka shipyard (Russia) to open representative office in China

The International Transport Workers’ Federation inspected 200 ships

Estonia to control 100% of Eesti Raudtee

LUKoil, Rosneft discuss consortium to supply oil to China

Ports of Azov region (Ukraine) left without icebreakers

Oil price was down to $59.58 in London, and to $59.30 in New York

Berlian Laju files Singapore IPO

Cargo turnover of Novorossijsk Commercial Seaport up 1.3% in Jan.-Sept.

CSCL's new 9,600-TEU ship sets sail on AEX7

CN launches China operations

Maersk makes Asia main hub, expands port coverage

Swee Joo forecasts 20pc rise in intra-Malaysia volumes

LUKOIL estimates modernization of Bourgas and Ploesti refineries to cost $667 mln

K' Line to open training centre in the Philippines

Kuehne + Nagel wins seafreight forwarder award

Lukoil aims to rise output to 4 mln BPD by 2016