News 2007 May 11

Slavneft's net profit sinks

Container turnover of Iljichevsk Commercial Seaport (Ukraine) up 36.7% in Jan.-Apr. 07, y-o-y

Indonesia slams maritime watchdog over piracy report

Persian Gulf tanker rates firm

Babcock buys Navy fitter for ?350m

US service to bypass Panama Canal

Bulgaria releases a tender for a 30-year operating concession on its Danube river port of Vidin North

Hyundai Heavy wins US$976 million order to build 8 container vessels

India set to get shipyard of global size

Shipbuilders to lose orders over Durban shipyard plans

The port of Los Angeles secures security grant

Oil export by Baku-Novorossijsk pipeline down 42.7% in Jan.-Apr. 07, y-o-y

Gazprom Neft, LUKoil drafting deal to set up JV

NCC Container Terminal in the port of Iljichevsk ups throughput by 32% in Jan.-Apr. 07, y-o-y

Container turnover of NUTEP (Novorossijsk) up 56.8% in Jan.-Apr. 07, y-o-y

Throughput of First Container Terminal (St. Petersburg) up 17.5 % in Jan.-Apr. 07, y-o-y

Grain transshipment complex to start operation in the port of Yuzhny by grain season of 2008

Oil price up to $65.79 in London, and to $61.81 in New York

Throughput of the port of Arkhangelsk down 1.3% in Jan.-Apr. 07, y-o-y

Vaderotank orders four chemical tanker newbuildings in Turkey

Eckero raises bid for Birka Line

Golden Ocean orders and sells capesize bulkers

Indian department of shipping prepares new modelconcession agreement (MCA) for development of ports

10-million-tonne Sinopec refinery to rise in Hunan

Revenue rises, but profit falls for K' Line in 2006-07

Evergreen uses Trieste port to reach S Germany

India's Transworld to buy four 1,400-TEU ships from Singapore

Construction of Pangaon container terminal (Bangladesh) would be completed within June 2009

Canada's new government invests over $716,000 in marine security projects in Ontario

Richards Bay Coal Terminal may consider sixth phase expansion

Vietcombank to finance shipping container plant

KBR, Weir Group and Balfour Beatty announce sale of DML Shipyard business

Ontario Teachers' Pension Plan buys rest of 12-year lease from Orient Overseas International