News 2007 June 29

CIMC buys 80% stake in Dutch box firm Burg

RZHD to invest in the Gulf of Finland ports

Russia, Indonesia sign corvette construction agreement

Volga-Baltic Company orders 10 dry cargo carries for $85 million in China

Hosting of St. Petersburg phase of Tall Ships – 2009 to cost $1.5-2 million

New port proposed in the Caspian

Net profit of Company Ust-Luga OJSC totaled RUR 22.8 million in 2006

TransContainer net profit up

Oil price down to $70.52 in London and up to $69.57 in New York

Two new companies to be set up under reorganization of Company Ust-Luga OJSC

Fifty-six orders expected for 12,500-TEU vessels: study