News 2006 November 21

Production of Ukrainian shipbuilding industry up 57% in 1H06

Petrolesport to transship 310,000 TEU in 2006

Russia's oil and gas condensate output rises 2.2%, y-o-y, in 10M06

Cargo turnover of Kaliningrad port up 5.4% in January-October 2006

Three IBSV of Primorje Shipping Company to sail under Russian flag

New rail terminal for Port of Rotterdam

Intertanko proposed a global sulphur content cap of 1% against the current 4.5% by 2010

BV/GL ALLIANCE plans to receive 20 % of the Chinese market

Raven Russia and Aldama to build $26 million logistic terminal in Saint Petersburg

AET completes a sale and lease-back deal for four of its aframax tankers

Hapag-Lloyd in new GL deal Germanischer Lloyd

India and China to Boost Trade to $40 Billion by 2010

Board overrules DNREC ban on oil offloader

Russia-China transportation of RZD grew by 8% in January-October 2006

China to invest 15 bln yuan to modernize Yangtze River waterway

Seaports of Russia, CIS and Baltic states handled over 385 million tons of Russian cargo in 9M06

China plans to build eight port transportation systems focusing on special freight shipping services

Handling of Russian foreign trade cargo grew by 2.5% in Jan.-Sept. 06

Net loss of Saint Petersburg Seaport totaled RUR 3.343 million in 9M06

Tender for ground of investments into East Logistics Container Terminal

Consolidated cargo turnover of Russian stevedoring companies up 2.9% in 9M06

Georgia proposes to Russia to resume talks on Russia WTO entry

Oil price down to $58.98 in London, and to $58.80 in New York

DHL launches Global Trade Services (GTS) to simplify international trading

Shipping industry of Vietnam to suffer heavily from WTO

Qatar’s Nakilat appoints Shell to manage LNG fleet

UPS to boost air, ground shipping rates

APL-NOL became first wholly-foreign owned shipping logistics company in Vietnam

Genco Shipping takes delivery of vessel

Hapag-Lloyd leaves CSAV on Europe-ECSA

EDF Trading has tied up a five-year time-charter deal with Japanese shipowner K-Line

Mitsubishi to invest $880m in the car export terminal in the port of India

Court rules on seafarer PEME status

Container throughput in Singapore and Hong Kong rise in October

Geodis acquires TNT Freight Management for US$590m