News 2007 May 2

RZD may terminate shipment of goods to Estonian ports – oil export market participants

Throughput of the ports of Azov-and-Don basin up 69% in Jan.-Apr. 07, y-o-y

Putin to chair conference over sea transport infrastructure

Azerbaijan gives up oil transit via Russia’s territory

FESCO demands Containerships retracts acquisition statement

ICAP buys JE Hyde

Caribbean oil tanker rates advance on fewer vessels

Arpeni (Indonesia) allots US$350m for fleet expansion

Ship supply seen hitting container shipping rates

Security project opened in Karachi port for exports to US

Seadrill orders another deepwater semi-submersible drilling rig

Hyundai Mipo wins 228 bln won order to build five ships

German yards hit by strike warning

Transport Ministry opposes transfer of Novorossijsk Commercial Seaport’s share to RZD OJSC

Vietnam shipyard wins $12 bln in contracts

Mercator Lines’ Singapore arm to buy four dry-bulk cargo ships

Maersk expects to axe some NZ services

Russia ups oil output 3.6%, gas 0.8% in 4 mths

Caspian Pipeline Consortium ups shipment of export oil by 12.8% in Jan.-Apr. 07, y-o-y

LUKoil's RAS-based net profit drops fourfold

Transneft posts 37.7% lower RAS net income for 1Q07

Oil export duty to increase to $200.6 per tonne from June 1 - ministry

Rosneft RAS net income declines 23.1% in 1Q07

Throughput of Vostochny Port OJSC up 3% in Jan.-Apr. 07, y-o-y

HMC releases more details on $1 billion crane ship

POSCO swaps shares with Hyundai shipyard

China remains biggest partner of two US major ports

Chiquita sells shipping fleet

Nigerian port workers issue 21-day strike notice

Los Angeles port gets tough on ship emissions

ESC fear draft convention on maritime cargo liability

Qinzhou trade up 87pc in Q1 driven by imports

Oil price down to $67.00 in London, and to $64.40 in New York

Port of Rizhao (China) to build 5 berths

New handling complex to be built at the port of Temruk

Rising palm oil exports a boon to Pasir Gudang port

Danish shipping trade on the point of new growth fairytale

Maersk Line announces Oceania - Americas service improvements

Vietnam starts construction of a VND1.7 trillion (US$106 million) shipbuilding complex

Evergreen Marine posts a 71 percent drop in first-quarter profit

Puyallup Tribe of Indians and SSA Marine Inc. to build container terminal in the Port of Tacoma

U.S. launches container security project in Pakistan

Kuwait plans to buy shares in the New Szczecin Shipyard

Bharati Shipyard to build offshore vessel for Great Offshore

International conference "Black Sea Freight Market & Ports" to be held in Odessa, 4-5 June 2007

Cosco Singapore quarterly profit rises

Russia-based NEB - Tug service enters international market of marine towing