News 2006 November 16

Cargo turnover of Russian ports to total 450 million tons in 2006 – Yury Parfeonov

Severstal reports higher revenue

LUKoil, Gazprom Neft consider joint venture plans

LUKoil to invest $27 bln in overseas production by 2017

Russian ship to pay penalty

DVTG acquires 90% of Nakhodka sea fishing port for $10 million

Sovcomflot IFRS net profit up 40% in Jan.-Sept. 06

Gazprom's 9-month RAS net income up 76.6% to RUB 235.831 billion

Relief felt as Kaohsiung port container handling rises

Another contender in talks for Kochi bunkering terminal

New York bunkering

Barber-Smith Bell crewing launched

DHL commits US$14m to improve facilities and services in Vietnam

Russia may become full WTO member by next September

TBS International Limited takes delivery of a handysize bulk carrier expanding its fleet to 33 vessels

China COSCO hits record after Goldman upgrade

FESCO to invest about $1 billion into container business development

Shipping Corp to buy two container vessels

Matvienko and Moller-Maersk management discuss construction of cargo terminal in Saint Petersburg

Bangladesh ports, highways reopen after blockade ends

China Merchants to buy port assets from parent

China’s top port builder pre-markets US$2bil IPO

Gazprom management movements

One fisherman remains missing off Kunashir, 11 rescued, 2 die

Loading of North Caucasus Railway up 5% in 10M06

FESCO completes cargo transportation to regions with limited navigation period

Oil price up to $59.46 in London, and to $58.76 in New York

Volga Shipping Company net profit up 55.7% in 9M06

NYK net profit slides 39pc for first half fiscal 2006

Chongqing gets extra investment for port expansion

China box volume up 24pc, to reach 94m TEU in '06

Johor councillor urges SMIs to use PTP to lower export costs