News 2007 July 20

Caspian Pipeline Consortium mulls debt rescheduling

Nordic American looks to raise US$129m

Volume of cargo carried by North Western Shipping Company up 10% in H1 07, y-o-y

Kombiverkehr extends Rotterdam-Poland service

Maersk ending U.S. East Coast/East Med loop

Hyundai in $150 million sale and leaseback deal with Danaos

Mashreq Petroleum (Egypt) eyes more operations in Port Said

UK ports welcome promise on 'market-led' approach

Plunging rates beat India-US service

Vinalines to build int’l seaport in central province

DVTG ready to reach agreement with Carlisle

Net profit of Transnefteproduct under RAS decreased by 18% to 3.056 bln rub in 2006

DVTG launches the new container route

Russia and North Korea setting up a JV to reconstruct a railway to port of Radjin

Export of fish and seafood in Primorye up 1.3% in H1 07, y-o-y

FESCO floats its 15% new shares issue on July 23

Genco Shipping & Trading Limited acquires nine capesize vessels from Metrostar

Oil price up to $77.67 in London and to $75.92 in New York

BBI buys a majority stake in Belgian port operator Manuport Group

HK's June cargo soars 18.5pc in June, but rises only 2.5pc in first half

Grand Alliance restructures its Pacific Central China Express Service

Maersk market share down 2pc but average ship capacity up 24pc

APL looks to Indian container terminal, depot investments

Cochin Shipyard’s (India) profit set to treble

Container terminal construction to begin in Bulgaria by the end of 2007

STX Shipyard of S. Korea to build 6 vessels for National Maritime Transport Co.

Iran's wheat exports to begin through Imam Khomeini Port for 1st time

Throughput of Ventspils naftas terminals up 2.2 times in H1 07, y-o-y

St.Petersburg Sea Port paid out 471.26 mil rubs as taxes