News 2007 July 2

Fitch upgrades Rosneft to BBB-, outlook positive

Russia to join international Grains Trade Convention

Novorossiysk ship repair plant to repair ships of Black Sea Fleet

CKYH restructures Mediterranean-Asia-US pendulum service

CMA CGM’s newbuild to serve Europe-Guyana-North Brazil trade

Boston Harbor shifts lanes to protect whales

Panama drums up US$460m to expand canal

Sea shipping is only responsible for 3% of the total pollution in the port of Rotterdam

Union looks for 'progress' in talks to avert LA ports strike

Transport networks expansion to enhance Sino-Russian trade

Golden Ocean to realise 15 mln usd loss in Q2 due to futures trading activities

Black Sea Port Service enters Russian Association of Marine and River Bunker Suppliers

FESCO to establish feeder container line operator in Baltic - FESCO ESF Limited

Oslo Marine Group finalizes setting up of Vyborg Shipping Company

Astrakhan to build 60 000 displacement tankers

Cargotec receives orders for 42 ship cranes

Inchcape buys Australian ship agency

Maersk wins Italian contract to build and operate a new container terminal

Aker to form new ship-owner, Aker DOF Supply, with offshore services firm DOF

First phase of “dry port” is put into operation in Odessa

Russia's crude export duty to reach $223.9 per tonne on August 1

Philippines may place orders in Primorye for construction of cutters and ferries

Sakhalin Energy is getting their own fleet

Oil price up to $71.41 in London and to $70.68 in New York

Oil spills from Pasha bulker near Newcastle

China's CNPC agrees deal on Sudan oil block

S.Korea Samsung Heavy says wins $600 mln ship order

Oil-rig builder SeaDragon mulling $1bn IPO

Burma plans deep-sea port

ICTSI wins new Subic terminal contract

PRISCO accepts delivery of 166,000-dwt Prisco Mizar

KBR announces completion of DML Shipyard sale

Container traffic at the major Indian ports can reach 15.1 Mn TEUs by 2013-14

Mombasa port to gain as Dar closes Kampala outfit