News 2007 February 1

First two companies enter Saint Petersburg Register of Bunker Suppliers

Putin expects Greece and Bulgaria to agree on oil pipeline soon

Port of Yuzhny (Ukraine) to increase capacity by 1.2 million tons

Transshipment of metal by Ukrainian ports up 11.7% in 2006

Cargo turnover of First Container Terminal up 27.5% in January 07

FESCO recommences RUB 410.899mln additional issue

Throughput of Ventspils Naftas Terminals down 29.6% in 2006

United Shipping announces three new members

Hatsu Marine launches new North Europe-South America East Coast service

Keppel joins Frontline venture

Cost of shipping oil to US to rise on Bush plan to double the size of the country's reserves

Greek shipowners spend US$1b on all types of ships in January

Russia to up oil output 2.1%, gas by 1.3% in 2007

Frontline to spin off floating production ops into new 'Sea Production' firm

Varun Shipping acquires anchor handling, towing supply vessel

Hanjin Shipping reports 4.6 pct drop in 2006 earnings

Hamburg Sud: double christening of the "Bahia" and "Bahia Blanca" in Korea

Russian cabinet backs investor limits

Russia reports higher oil output

Russian oil exports down 1%, gas exports 3% in 2006 - ministry

Russia lowers oil export duty from Feb 1

Containership carriers on the main eastbound Europe-Asia route to increase rates for the spring period

Chittatong (Bangladesh) quadruples gantry crane charge

Savannah in second place on US east coast

Crude oil from the Exxon Valdez spill is still present in Prince William Sound

New terminal of Klaipeda port (Lithuania) to transship 1.5 million tons of oil products in 2007

China ship completions soar

Philippine ro-ro project to connect ‘Nautical Highway’

Finnish air surveillance finds ten more oil spills in 2006

Containerships rebrands South Baltic services and agencies

Vancouver's box throughput rises 24pc in 2006

Dubai World aims to raise cargo handling capacity by 50pc

Calls for China to restrict foreign access to local logistics market

Ningbo-Zhoushan 2006 box volume hits 7m TEU, Asean exports up 37pc

OOCL revenue rises 5.6 per cent in 2006

Russia allows U.S. pork imports

Oil price up to $57.40 in London, and to $58.14 in New York

LUKOIL production of hydrocarbons available for sale up 12.2% y-o-y