News 2006 November 8

Cargo turnover of Tallinn port up 4.8% in 10M06

Northern Railway loads 6.5 million tons of cargo in October 2006

New oil terminal of Liepaja port to start operation in 2007

Cargo turnover of Taganrog Commercial Seaport down 14.4% in Jan.-Oct. 06

Oil spill in Amur River near terminal in Russian Far East

GE Security, Samsung strike deal about distribution of a container ship security system in Asia.

Ports of Baltic states transship 104.4 million tons of cargo in 9M06

Transneft to raise rates on its services by 5.7% from January 1, 2007

Wildcat strikes end at ECT Rotterdam

Cargo turnover of Caucasus port up 11.7% in Jan.-Oct. 2006

Russian submarine had no nuclear fuel when it caught fire

Russia oil pipeline monopoly seeks 5.7 pct fee rise

UPS expands international services

Vietnam's Vinalines needs US$3.188 BLN for development

Diana Shipping 3Q profit rises 2 percent

Bulk shipping firm STX Pan Ocean's Q3 profit down 97 pct

FMH eyes 2-digit profit growth

Malaysia offers joint venture

Cargo turnover of Temryuk port up 10.7% in Jan.-Oct. 2006

DP World bids for Pakistan port

Cargo turnover of Vostochnaya Stevedoring Company down 14% in 10M06

Aker Yards ASA creates 900 new jobs at its shipyards in Finland and France

Oil price down to $58.48 in London, and to $58.93 in New York

Parcel tanker owner Odfjell made a Q3 profit third of US$29m

Container turnover of Iljichevsk Commercial Seaport totals 229 893 TEU in 10M06

Lorry queue at Finnish-Russian border reaches record 50km

MOL upgrades South Korea service

IEA predicts global oil demand will grow from 84M bpd to 116M bpd by 2030

Ukrtransnafta to raise oil transportation by 11.8% in 2007

Hanjin to offer New Thailand service

Kuibyshev Railway loads 950,000 tons of containerized cargoes in Jan.-Oct. 2006

Port of Tanjung Pelepas launches South Johor Economic Region

VPA receives provincial approval for 3rd berth at Deltaport