News 2007 July 24

Ventspils Grain Terminal handles over 260 thou tonnes of Kazakhstan grain in H1 07

Excel buys supramaxes

Keppel unit clinches four orders worth $350m

Japanese shipyard June orders up 3%

Exxon, Shell hire tankers to ship Saudi oil to Asia

Rates of Panamax vessels may slip

Kuehne & Nagel posts 27% jump in Q2 profit

NOL moves 12% more cargo in June

Fire-damaged Saudi pier resumes operations

St. Petersburg market undercutting competitors

ABG Shipyard share up 11% on Thailand order

MMK disposes of Vladivostok port

25% of Deutsche Bahn shares to be sold late in 2008 – Germany’s Transport Minister

RF volume of oil primary distillation down 1.1% to 4.5 million tonnes in July 9-15

Throughput of the port of Sillamae (Estonia) exceeds 1million tones in H1 07

Throughput of Ukraine’s state ports up 15% in H1 07, y-o-y

Russia's oil output grows 3%, gas production up 0.1% in 1H 07

Pirates demand USD1.5 million for Danish ship and crew

Cargo handling at the port of Yeisk up 34% in H1 07, y-o-y

Daewoo Shipbuilding wins record monthly orders in July

Russia wants oil products to move through Russian terminals

Shenzhen up 13.69pc in first half, sees 20m TEU by 2008

Fujian foreign trade rises 16.7 per cent in the first half of the year

Yingkou posts 38.8pc increase in TEU volume

Oil price down to $76.86 in London and to $74.89 in New York

APM Terminals opens new container terminal in Tangier, Morocco

Commercial Seaport of Izmail (Ukraine) handles over 3.7 million tonnes in H1 07

Maersk improves service between North America and the East Mediterranean