News 2006 November 1

Emirates Shipping joins Asia-US Express service

Grand Alliance reduces transpacific capacity; restructures EU2 service

Most single-hull tankers “East of Suez”

Ukraine confirms information about oil spot at Bulgaria part of Danube

LUKOIL 9M06 hydrocarbon production up 13.1% y-o-y

Russia to lower export oil duty

Sakhalin Energy has one more week to fix violations - natural resources minister

Oil platform with 75 on board goes adrift off Norway's coast

Net profit of Severnaya Verf shipyard totals RUR 410.1 million in 3Q06

Compania Sudamericana de Vapores (CSAV) reported a loss of $111m

Indian minister for enhanced efforts to increase efficiency of major ports

Mobi Dick has come to terms with Saint Petersburg government

Net profit of Posiet Commercial Port OJSC up 17% in 3Q06

Cargo turnover of Ukrainian commercial seaports up 4.2% y-o-y in 9M06

Merrill slashes forecasts for Taiwan's top 3 container shippers

Transneft system capacity exceeds export needs – Semion Vainshtok

MISC buys 4 tankers from japanese firm

Swire announces new UK shipping structure

IBM lands new shipping deal

Essar Shipping July-Sept net up 23.8 pct

Russian vessels have finalized active search for sailors from sunken ship Sinegorye

India's ONGC to ship first Sakhalin-I oil to Mangalore in dec

Indian Kerala to build new ports

Egypt: new cargo record for Suez canal

Oil price was up to $59.03 in London, and to $58.73 in New York

Loss of Odessa Shiprepair Yard "UKRAINA" totals $1.6 million over 9M06

Hanjin sets up company Down Under

OOCL Logistics to open third Shanghai warehouse

Geodis third quarter revenue rises 3.7pc