News 2007 June 6

Throughput of the port of Klaipeda up 13.6% in Jan-May, 07, y-o-y

Transneft to issue Eurobonds to finance Siberian pipe project

Intertanko calls for action over high sulphur bunkers

Cosco Pacific keen to invest in Greek ports

Greek shipowners place US$2.3b orders

Ukraine cuts oil purchases from Russia

Russian Railroads limits cargo traffic to Estonia due to repairs

Port of Tauranga expects 26 ship calls a year more after a change in service

Japan's Suzuki to build auto plant near St. Petersburg

Impending cyclone shuts Oman ports

Philippine operator pumps investment into Ecuador port

Transcor International and Verbeke Bunkering buy Hemiksem terminal

Cosco Pacific's hedge scheme shifts from containers to diversified ports

China Merchants Logistics acquires P&G transport contract

Work on US$104 million Xiamen logistics centre starts

APL targets growing East Africa market with new service

GES to open offices in Hanoi, Chennai and Bangalore

Throughput of the port of Temryuk up 8.3% in Jan-May, 07, y-o-y

Throughput of the port of Caucasus up 4.5% in Jan-May, 07, y-o-y

Cargo handling of Vostochny Port (Far East) up 2% in Jan-May, 07, y-o-y

Oil price up to $70.45 in London, and down to $65.61 in New York