News 2007 May 4

Transnet sells Viamax for ZAR1bn

Sembawang's new West Yard doubles fabrication capacity

One more tanker for Latvian Shipping Company

Shell's shipping arm eyes shipyard alliances

Dubai's MIS wins further jackup orders

Rotterdam builds slab terminal

Vitol Group buys a majority stake in the former Fujariah refinery

Shenzhen port strike ends

Capacity of coal terminal in the port of Ust-Luga (Leningrad region) to grow by 60%

Global-Hutchison-EIB J.V. wins Izmir Seaport 49-year license tender

The Port of Tanjung Pelepas plans to attract Indian manufacturers, shippers and forwarders

Singapore-Norway shipyard in Vietnam wins 250 million US dollar contract

Logistic center to be built at Moscow-Kiev motorway

Throughput of Taganrog Commercial Seaport up 23.1% in Jan.-Apr. 07, y-o-y

Throughput of Murmansk Commercial Seaport up 4% in April 2007, y-o-y

RZD to invest about RUR 16.7 billion into Kuzbass-Azov-Black Sea Transport Hub in 2007

German seaports to grow 4.6% per year by 2025

MNP Group and Palmali Group sign agreement on joint participation in a tender

Baltijski Zavod RAS net profit doubles in 2006

Loss of Sea Port of St. Petersburg makes RUR 32.5 million in Q1 07, y-o-y

Oil price down to $66.05 in London, and to $63.19 in New York

Chemical company Caldic to build tanks for storing ethanol at its terminal in the port of Rotterdam

Shippers elated as Beijing vetoes huge handling rate hikes at ports

Dalian Shipbuilding Industry enters world top 5

EU regulators approve Statoil's takeover of the oil and gas activities of Norsk Hydro

Port charges to increase in Dampier (Australia) from July 1, 2007

New coal berth in Jingtang Port (China)

PSA and Hutchison vying for Turkish port

Asia Australia Discussion Agreement to lower bunker surcharge

Hamburg Sud records 8pc revenue rise in 2006

New direct service between PTP and Calcutta

Citigroup buys 787,800 shares of ABG Shipyard

Vietnam shipyard commences work on oil tank for PetroVietnam

Container Corp of India in JV talks for shipping services

Aker Yards to build six AHTS vessels at new Vietnam shipyard

Saigon Newport (Vietnam) orders 10 Kalmar E-One RTGs