News 2007 April 26

Krasnoye Sormovo Shipyard launches fourth dry-cargo ship project RSD 17 for Palmali Group

Murmansk, Kaliningrad and St. Petersburg to accept foreign fishing vessels – RosSelhozNadzor

EU Parliament approves tough maritime rules

Singapore marine, offshore sector output grew 39% in 2006

The European Commission approves the State’s financial contribution to Maasvlakte II

Brazilian government expected to fund dredging project

Container shipping lines predict record Pacific peak season

Russia outstrips other countries by oil output

Russia to propose founding consortium to build Volga-Don canal

Russia should respond to Estonia by building ports on Baltic coast - Sergei Ivanov

Putin considers it necessary to support civil shipbuilding in Russia

GTS offers ship-to-ship transfer services to Malacca Strait traffic

Russian trawler captain receives $3,900 fine for poaching

Tender on choosing of free economic zones planned for the end of the year

Net profit of Evraz Group up 50.9% in 2006

United Shipbuilding Corporation to get RUR 100 million

OOCL launches Irish Sea feeder service

The cellular fleet passes the 10 M teu mark

LN Mittal buys Kazakh oil co for $980 mln

PetroChina to develop LNG station at Yangkou Port

Sri Lanka borrows $300 million for Colombo port expansion

China Merchants Holdings sees profits rise 7.4pc in 2006

Union Pacific Q1 net profit surges 24pc

Daewoo Shipbuilding swings to black in first quarter

Rotterdam port throughput grows 5.7% in 1st quarter

Interpool, Inc. enters into service agreement with Maersk Line

Queen’s Seaport Development, Inc. receives $41 mln bid from Real Estate Developer

Container ship launched in Gdynia for Netherlands shipbuilders

Chennai container terminal's tariff hike plea rejected

Oil production in RF up 4.2% in Q1 07, y-o-y

SOCAR and Palmali negotiate on transportation of crude oil from Ceyhan Port, the outfall of BTC

MTSP will pay dividends in the amount of 71.4 mil rub

Oil price up to $68.57 in London, and to $65.81 in New York