News 2006 November 29

ReCAAP kicks off without key states

Ship Finance’s swap loss

Heerema Marine Contractors plans US$1bn crane ship

BP expands in Salalah

Unified railway B/L to be introduced at rail-ferry link between Russian and German ports

Sea transportation of Ukraine totals 6.5 million tons in 9M06

FFSM has registered RUR 600 mln additional share issue of Ust-Luga OJSC

Regular main vessel services through Indian Cochin Port starts

Qatar Gas Transport Co planning to borrow $4.3bn to buy LNG tankers

US Conley Terminal to add CMA CGM container ship line

China pours in investment for expanding Yangtze River navigation

New shipping lanes off the Norwegian coast

Vision Fleet carries 1.6 million tons of oil products in summer navigation 06

Abu Dhabi's BP Shipping, NGSCO enter into agreement

India to restore cargo shipping with Pakistan

L.A.-area ports to study use of maglev cargo trains

Pakistan State Oil issues a tender for 22,000 tons of jet fuel

Mechel US GAAP net profit up 18.24% in 9M06

Oil price up to $61.21 in London, and to $60.99 in New York

Container turnover of Riga port up 8% in 9M06

Cargo turnover of the First Container Terminal totals 800 thou TEU

Maersk Line to raise rates and cut services

Shenzhen seeks free port status

TNT eyes India acquisitions to expand

K + N to acquire HSBC's UK book business for Export Services