News 2007 May 8

Throughput of the port of Belgorod-Dnestrovski (Ukraine) up 21% in Q1 07, y-o-y

Kazakhstan and Russia ratify agreement on transportation of cargoes

SCF Altai storage tanker placed at outer anchorage of the port of St. Petersburg

Throughput of Mazeikiu nafta down 6.9% in Jan.-Apr. 07, y-o-y

Atlantsskip returns to Rotterdam

CIG plans Wuhan terminal expansion

EU halves import duty on aluminum

Norway-Singapore shipyard in Vietnam signed a 250 million US dollar contract

Severnaya Verf shipyard won't pay dividends for 2006

Throughput of Klaipeda Commercial Seaport up 12.2% in Jan.-Apr. 07, y-o-y

Port of Ilyichevsk handles record containership

Loading of Far East Railway up 7.6 % in April 2007

Throughput of the port of Vanino (Far East) up 2.7% in Jan.-Apr. 07, y-o-y

Tatneft recovers 8569.729 thou tons of oil in Jan-Apr 2007

Pakistan buys up to 1.01m tonnes fuel oil

Orient Express Line to relocate shipments to PTP

Wine export of Tientsin port increases by 90%

Throughput of the port of Ventspils (Latvia) up 8.8% in Jan.-Apr. 07, y-o-y

Throughput of the port of Odessa (Ukraine) up 21.4% in Jan.-Apr. 07, y-o-y

Oil price down to $64.44 in London, and to $61.47 in New York

Deep Sea Supply fixes newbuildings

RCCL unveils 'deluxe' Azamara

Half of rig orders are Norwegian related

NYK/LauritzenCool and partners takes over the Great White Fleet

Port firm CIG Yangtze Ports earmarks $800m for expansion in China

NYK to deploy 38 containerships with alternative power system

Sinotrans to increase investment in Anhui

Work begins on Shanghai Overland Freight Exchange Centre

Schenker and BAX Global merge in Singapore

DP World looks to re-finance P&O through minority share sale

Maersk rejigs Pacific service

Russian crew end hunger strike in Japan, fly home

Throughput of the port of Liepaja (Latvia) down 2% in Jan.-Apr. 07, y-o-y

Canada's new government enhances security at Port of Montreal

Emirates Shipping Line launches shipping services to Dar and Mombasa