News 2007 March 1

Gazprom and BP discussed the opportunity of creation a joint enterprise for collaboration in CIS

February 12-18, crude oil distillation in Russia grew by 1.1% to 4.5 mln tons

Maersk Line sees 15 pct market growth in Asia-Europe lines

Costa Container Lines adds a fifth vessel to its Canada-CubaMexico service through the Port of Halifax

Kuehne+Nagel expands in Russia

DP World shelves subsidiary’s merger

First Olsen Pte.Ltd to upgrade the world's biggest ship

Greek-owned cargo ships raise capacity by 15% in 2006

Bangladesh seeks US$300 million in loans from the World Bank for waterways

Mitsui OSK Lines Ltd shares tumble

Ocean Tankers Holdings plc returns to profit in 2006

Fog closes Houston ship channel

Dredging contract for Manifa field signals a start on extensive works at the facility

The Betuwe line operator has a new name: Keyrail

Cargo turnover of First Container Terminal (Saint Petersburg) up 21.3% in Jan.-Feb. 07, y-o-y

Gazprom's Board welcomes Sakhalin-2 deal

Krasnoye Sormovo Shipyard to build chemical tankers for Palmali Shipping

Russia cuts oil export duty to $156.4 per ton from April 1 - 1

Panama Canal Authority releases Q1 operational metrics

HSH N Nordic Finance (Stockholm) acquires ships and boxes for USD 481 million

FEFC to begin peak season surcharges

The Dayton Port closes $270M bond deal with DHL

Grain ship 'burps' up to 200 gallons of oil in Elliott Bay

Denmark lends $40 mln for Vinashin shipbuilding equipment

CMA CGM offers to buy Cheng Lie Navigation Co for NT$5.25bn

TBS International Limited announces a program to modernize and expand its fleet

Aegean Marine Petroleum Network Inc. announces full year 2006 financial results

R2bn Durban container-terminal project back on track

The Canso port becomes the second-busiest port in Canada

Dhamra Port (India) signes the loan agreement

EU surpasses US, Japan as Shanghai's No 1 trading partner in January

China Merchants invests US$4.5 million on Tianjin terminal

East oil pipeline terminal point to be unchanged-Fradkov

Fears rail project delays may derail new box terminal in India