News 2006 December 11

Cargo turnover of Vanino Port up 2.9% in 11M06

Cargo turnover of Riga port up 5.5% in 11M06

East Stevedore Company opens its eighth sea container line between Pusan and Vostochny

Cargo turnover of Baltic ports up 4.4% in 9M06

Cargo turnover of Arkhangelsk port down 18.1% in January-November 2006

Shreyas Shipping to invest Rs 1.5 bn in logistic business expansion

Hamburg Sud and AMA successfully completed a pilot program in AFAM+ container

Shell’s New Proposals to Gazprom on Sakhalin II

Loading of containerized cargo up 1% at Sverdlovsk Railway in 11M06

Cargo turnover of Odessa Commercial Seaport up 5% in 11M06

Greenway HC opens its representative office in Finland

EC approves that Germany invests EUR 4.2 million into Volkswerft Stralsund shipyard

Oil production at Sakhalin totaled 5.2 million tons in 2006

Shanghai to handle 21 million TEU in 2006

CMA-CGM hits record 1m TEUs at Westports

Vladivostok Commercial Seaport handled 3.8 million tons in 11M06

Yangshan port opens 4-berth second phase

Port of Napier boosts profit by 15 per cent

Oil price down to $62.20 in London, and to $62.44 in New York

UK Club launches European subsidiary

S. Korea's three shipbuilders exceed US$30 bln in orders in 11 months

Japanese transport ministry puts conferences under critical review

Rizhao's volume to exceed 100m tons from Jan-Nov '06

Shanghai Shipping Exchange launches 24-hour portal

Tianjin Consol launches UK freight forwarding service

East London calls for new container terminal for South Africa

Houston's Bayport terminal opening delayed until January

India's Tata Steel and NYK set up JV shipping company