News 2007 February 21

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Natural gas production down 0.1% in Russia in Jan

Cargo arrives in Novorossiysk with background radiation 664 times more than normal

Oil output in Russia up 2.1% in 2006 to 3.5 billion barrels

ECT Delta Terminal turns away empty containers

ProLogis leases facility to Kuehne+Nagel in Romania

Ro-ro dispute continues in Irish sea

Schat-Harding’s (Norway) new hooks

Shipyard ASRY (Bahrain) total income of US$140m in 2006

Welland Canal to open on March 20th, the earliest opening date ever.

Gulf tanker rates may fall on vessel glut, Opec cut

Transportation of East-Siberian railway totals 6.6 million tons in Jan. 07, y-o-y

Japan shatters 31-year-old shipbuilding record in '06

Russian Railways to set up about ten logistics centers at Russia’s major hubs

Golar sells LNG newbuild to Angelicoussis

Loading of CIS railways up 4.2% in 2006

L&T plans Rs 10 bn Indias mega shipyard

Oil price down to $57.14 in London, and to $58.85 in New York

Large-scale projects underway in Durban port

Expensive VLCC sold for FPSO conversion

More containers overboard from MSC Napoli

US takes lead with Annex VI suggestions

Omega Navigation Enterprises, Inc. reports fourth quarter 2006 and full year 2006 results

Nigeria Ports handle 13 million mt of non-oil export

ICTSI to fully automate MICT gate

Montreal CT for sale, Macquarie Bank bids

Massachusetts eyes port plan: cargo, cruise ship traffic on upswing

STX Shipbuilding wins 211-bln-won order to build gas carrier for European client

Crew of Merchant Brilliant barricade themselves inside ship

Rotterdam Port says economic growth, bad weather have led to container backlog

Port of Tauranga with 56% jump in profits

Parkol Marine (England) aims to expand business