News 2007 July 25

VTB and Sovcomflot ink cooperation deal

GlobalSantaFe and Transocean plan to merge

Top S Korean shipyards post record profit, orders

Guangzhou yard sees soaring H1 net

Boluda Group (Spain) to acquire French tug company Les Abeilles

Vinalines to build a $185 million port complex

Abu Dhabi Ports Company to spend up to $10 billion on its Khalifa Port project

Serdyukov to head United Shipbuilding Corporation's board of directors

Grindrod to inject $80 mln in Mozambique port

RF Government signs a decree on transfer of 50.34% of Novoship to Sovcomflot’s registered capital

Uralkaliy muriate potash output by 32.1% to 2.544 mil tons in IH 2007

RAS net profit of Port Vanino makes RUR 86.6 million in H1 07

Gazprom Neft will increase investments to 64.4 bln rubs in 2007

FEOC sold 18.8865% stake in Sea joint stock bank to Sparti

Defense Minister to chair Shipbuilding Corporation

Over 400 thou tonnes of oil products enter Mediterranean Sea annually

Two North Korean schooners caught poaching in Russia's Far East

Oil price down to $75.08 in London and to $73.56 in New York

Tax to solve problem on Latvian border

Integration of Severnaya Verf and Baltiysky Zavod to finalize in 2010-2011

Pacific Basin Shipping in mainland terminal deal

China United Lines to start south China-Vietnam service

Pusan Newport attracts CSAV, setting it on track to becoming a hub port

Shandong builds logistics centre for Taiwanese investors

Danaos to charter five 2,200-TEU box ships from HMM

Northrop 2Q profit rises 7 percent

Samudra Indonesia to build Rp375 billion container terminal