News 2006 October 23

Slavneft-YANOS opens crude oil facilities complex

Russian ship sinks in Pacific

Murmansk Shipping Company to acquire 147,000-dwt tanker in 2006

Cargo turnover of Marseilles port to exceed 98 million tons in 2006

S.Korea's STX Shipbuilding wins US$230 mln order from Taiwan

Shipping Corp. to spend about $600 mln for 15 vessels

Sergei Kushnarev takes the position of Vostochny port Director General

MOL establishes logistics subsidiary in China

JV of Far East Shipping Company and Wallem Shipmanagement Limited

Lambert's Point Docks dredged to accommodate bigger ships

K+N reports above-average growth rates

Potassium Terminal to be owned by the Union State

Mississipi collision

FESCO’s IFRS 1H06 net profit totals $53 million

Voters approve Panama Canal expansion

Rosneft to launch HFO transshipment complex in Tuapse

Commodities and Raw Materials Exchange to appear in Saint Petersburg by the end of 2007- Kirill Androsov

REBCO futures launched on NYMEX

New Malaysian shipping zone ready to open next month

Seabourn to revitalise fleet

OOIL to spend US$477m on four container ships

Campaign against FOC in the Far East seaports

Japan to keep check on N. Korea

APL Logistics, Con-way to transport LCL freight from China to US

Port of Qingdao throughput surpasses 6m TEU mark

Oil price was down to $59.68 in London, and to $59.33 in New York

ICTSI granted US$120m standby credit facility

Cosco Pacific terminals handle 30pc more boxes in September

Less then 15% of Russia’s highways to meet operating standards in 2010 - Igor Levitin