News 2006 November 15

Shipment of Klaipeda port up 5.7% in 10M06

Federation Council suggests that Russian government develop special purpose program of civil shipbuilding development

Marine Council of Saint Petersburg government to change its structure before the end of 2006

Russia’s crude oil distillation up 3.3% from Oct. 30 to Nov. 5

Foss orders bunkering barges at Conrad

New Mangalore Port earmarks Rs 71 bn for expansion

Gazprom Neft RAS net profit up 23% in 9M06

Germany impounds massive haul of counterfeit sneakers

Transit along Volga-Baltic canal to be closed on November 16

Turkon Line to integrate with GT Nexus

Hanjin Shipping undertakes company-wide process innovation

S. Korean shipyards' future lies in offshore facilities, association says

First shipment of oil from the Sakhalin-1 goes to India

Sakhalin Energy may lose 19 water licenses

Novoship 9M06 net profit up 16%

Transportation of Estonian railway up 1.5% in October 2006

Oil price down to $58.84 in London, and to $58.28 in New York

Oil export of Spetsmornefteport Primorsk up 14.9% in Jan.-Oct. 06

Port of Qingdao handled 20m tons of cargo in October

Korean logistics firm to build US$381m logistics park in Shenzhen

Shenzhen bid for bonded status challenges HK

MC sells 6 LPG ships

MARAD pays US$4m to scrap 5 vessels

Cargo turnover of the port of Saint Petersburg down 7.1% in Jan.-Oct. 06

“K” Line to open college in India

Nevsky Shipbuilding & Shiprepairing Yard finalizes Multi Cat 1908 towboats for Damen Shipyards

New division combining Germanischer Lloyd and Bureau Veritas marine activities to be based in Hamburg

Belships Q3 operating profit totals US$2.4m

Seminar demonstrates a new approach to knowledge sharing in maritime operations

Cargo turnover of Feodosia Commercial Seaport (Ukraine) up 35.8% in 9M06

Construction begins on DP World’s US$400m Djibouti terminal

IAS launches development of nationwide next-gen VCY service