News 2007 April 16

Container turnover of the Baltic ports to reach 16 million TEU within 10 years

Project operator, watchdog agree timeframe to fix Sakhalin II-1

Tuapse Commercial Seaport to invest over RUR 40 million into drainage system in 2007

Maersk Line to increase the BAF between Mediterranean and the US and Canada

Dalian Port profits leap

Mota Engil to control 72 pct of the container sector in Portugal

Bharati Shipyard shifting Swan Hunter yard to India

Works on Vietnam’s $1.6 bln international seaport set for 2008

British shipbuilder wins $296m Trinidad contract

Schenker Industrial Logistics establishes Spanish subsidiary

SkyBitz tracks Fittpaldi Carriers’ assets

Work stoppage at Helsinki ports impacts DHL Global Freight

The International Chamber of Shipping set out its views on three key issues

BW Gas in LPG carrier deal

Emirates Shipping Line launches 2 services

ASL Marine wins AHTS orders

Ewl adds seventh vessel to Mainliner service

Sovcomflot IFRS net profit up 25.0% in 2006

Oil production in Russia up 4.2% in Q1 - Gref

Vladivostok Administration to participate in the sea anchorages’ revision

Russian and Slovakian railways discuss capital repair of rolling stock

International Training Programmes "Oil terminal management" and "Logistics for traders" to be held in Amsterdam, May 24-25

Russia commences construction of floating nuclear power plants

Ukrainian shipbuilding industry output makes $460 million in 2006

Russia launches new nuclear submarine

Container-carrying train to ply between Russia and Finland

Kenya approves KPA's Sh3.5 billion port dredging plan

Capsized oil-rig vessel sinks

Oil price up to $68.97 in London, and down to $63.63 in New York

S. Korean shipyards, KOGAS sign MOU on trial run of future LNG ship

Cosco to invest US$647m in Fujian's shipping, logistics industries

Ningbo ports break record, handling 700,000 TEU in March, up 44pc

Nantong port's Q1 box throughput up 14pc

US Lines to call at TraPac's box terminal in Oakland

Saud opens two units of RAK Global Logistics

Westports (Port Klang) on course to hit local boxes target

Singapore port container volume up 12pc in March

PTP expects double-digit growth again this year