News 2007 March 7

Cargo turnover of Port Vysotski LLC up 3.2% in Jan.-Feb. 07, y-o-y

Throughput of seaport of Klaipeda (Lithuania) up 13.7% in Jan.-Feb. 07, y-o-y

Newcastle coal vessel queue lengthens to record 69 ships

Precious Shipping (Thailand) plans up net profit in 2007

Cargo turnover of the port of Vyborg up 26.7 % in Jan.-Feb. 07, y-o-y

Cargo turnover of the port of Arkhangelsk down 13% in Jan.-Feb. 07, y-o-y

Oil price up to $61.39 in London, and to $60.69 in New York

Technip in $200 million charter agreement for SUNRISE 2000

Fuel cell supply vessels in Norway by 2012

Jakarta grabs Singapore granite ships

TS Lines to start intra-Asia CMX line soon

PSA's 2006 profit soars 14pc as offshore volumes surpass Singapore's

Sabah to open new container port in April

EU funds to drive Romania's Constanta port growth at 15-20pc a year

TAL International Group, Inc. reports full year 2006 results

KPT’s first container terminal (India) to start operations

Norfolk yard to buy neighboring shipyard

Danaos Corporation orders four 6,800 TEU post panamax containerships

Diana Shipping agrees to buy dry bulk carrier

Russia and Singapore to develop seaport zones

Cargotec establishes joint venture with Vinashin

Belarusian-Lithuanian commission discuss trade-economic cooperation

LUKoil to hold talks on refinery construction in Europe