News 2006 December 5

Foreign trade turnover of Ukrainian ports up 40% in 9M06

Cargo turnover of Liepaja port down 10.2% in January-November 2006

Transshipment of oil products via Vysotsk DTC up 36.3% in Jan.-Nov. 06

Railway tariffs on cargo transportation to ports to rise 10.7% - 10.9% in 2007

Cargo turnover of Temryuk port up 11.8% in January-November 2006

Cargo turnover of Caucasus port up 5.3% in January-November 2006

Golden Ocean’s 4+4 at Daehan

Horizon renews Maersk deals

Asia’s oil bill rises 133% in 6 years

Busan scraps box tax

DFDS Lisco ferry will sail to Baltiysk

Pella shipyard delivers azimuth tug project 90600 Gryphon 5 to Gryphon tug company

Navigation 2006 closed at the Neva river

Tata Steel in JV with NYK Line for shipping company

Man-Tess stevedoring company to build new terminal at the port of Riga

Lithuanian government and Polish PKN Orlen agree on details for sale of Mazeikiu nafta

Pusan eyes first overseas port venture

Cargo turnover of Vyborg port up 36% in 11M06

A.P. Moller - Maersk and Teekay Shipping establish Swift Tankers

US Intermarine begin to deploy its heavy-lift cargoships on a new pan-Asian service

The Hammonia Palatium (2,544 teu) is delivered

CMA CGM and Delmas launch third Asia-West Africa loop

German high-tech sky sail may cut costs

APL aims to cut fuel emissions from ships

Oman Container Terminal receives first vessel call

Sovcomflot raises US$400 mln for Tangguh LNG tankers

Cargo turnover of Vostochny port OJSC up 3% in 11M06

German owners under pressure

Lianyungang starts regular sea-rail intermodal service to Alashankou

CN to increase 2007 capital spending by 4pc to C$1.6 billion

Higher terminal charges at Colombo port in January

Vancouver introduces truck licensing system in a bid to stop future disputes

Oil price down to $63.45 in London, and to $62.44 in New York

Oil transshipment via Petersburg Oil Terminal totals 9.7 million tons in January-November 2006

Maersk Line expects loss in 2006

Daewoo to build two tankers for Sovcomflot