News 2007 May 21

Throughput of the ports of Krasnodar region up 17.3% in Jan.-Apr. 07, y-o-y

Net profit of Ukraine’s state ports doubles in Q1 07, y-o-y

Penske and ABX establish joint venture in Brazil

Transshipment of oil and oil products in the port of Baku to fall 10-15% in 2007

Philadelphia port users welcome relocation decision

Golden Ocean fixes newbuildings

Push for mandatory electronic charts continues

California rejects BHP LNG project

POSCO-India's port project gets environment nod

Rizhao Port (China) plans to build five berths

Overseas Port Management (Singapore) spearheads Yemeni port expansion

Shippers appeal against transfer of container traffic to Port of Tanjung Pelepas

Vietnamese PM wants shipbuilders to scale world level

International Conference OilLogistics 2007 to be held in Dubai, 24-26 May

LUKoil and Gazprom Neft to strike deal in May

Hyundai Heavy Industries launches a tanker built for PRISCO

Oil price down to $69.42 in London, and up to $65.98 in New York

Evergreen goes from Trieste to Munich

Far Eastern Shipping Co (Russia) orders series of supramax ships in China

China Dalian adds three supramaxes

Daewoo Shipbuilding wins US$1.1 bln order

Northland to get $10m tourist ship

Xiamen handles frist CKYH Alliance ship on new Asia-US east coast run

WTSA to raise rates for hides across Asia-US trade

Port of Wenzhou sets TEU record in April with 40pc rise

Northport Malaysia to launch US$147m expansion in '07

South African minister announces new container terminal near Port Elizabeth

Hapag-Lloyd orders eight from HHI shipyard