News 2007 March 30

LUKOIL to start operation of crude transshipment complex in Varandei in fall 2007

Container turnover of Russia’s largest ports to reach 20.5 million TEU by 2020 – FESCO forecast

Throughput of Baltic states’ ports to reach 1.5 million TEU by 2020 –FESCO forecast

Russian ports handle 3.1 million TEU in 2006

Transportation of containerized cargo to reach 145 million TEU by 2010 – FESCO forecast

Sea transshipment of Ukraine up 21.5% in January-February 2007

EMERA and IPBCC raise tariffs

CMA CGM, Balearia win Comanav

Samskip Reefer Logistics continues its Asian expansion

China Shipping Dev says to pay $423 mln for vessels

The Korean shipbuilding industry grew 19-fold in 15 years

Sunway-Group Ltd to ride the income of 2006 at company's development

Fesco intends to invest in Ilyichevsky terminal

DP World in talks in Russia

Gazprom Neft and minor shareholders couldn't perform audit works of Moscow refinery

Net profit of Transneft under RAS decreased 24% to 3.504 bln rub

Oil output in Russia up 4.1% y-on-y in 2M07- ministry

Belarus to start paying full amount for Russian gas

Severnaya verf IFRS pre-tax net profit totals $15 million in 2006

Xiamen container volume up 20pc in January-February

Shanghai trade surges 30pc in February

Doubts cast on port statistics from Malaysia

K' Line unit orders 3 hybrid transfer cranes for Japanese terminals

EMMA MAERSK wins Ship of the Year

SIRIUS begins new shipping service through Thamesport

Yantai Raffles Shipyard wins $78m contract

Russian watchdog checks Exxon Sakhalin-1 PSA project

Oil price up to $67.88 in London, and to $66.03 in New York

Aker Yards to build cruise ship at French shipyard