News 2007 July 26

U.S. Navy commander to visit Russian nuclear warships - ministry

Eagle pays US$1 bn for newbuilding fleet

Coal, iron ore cargo rates may rise further

Pacific Basin to buy stake in Nanjing port

Grindrod plans to invest US$80m in Maputo Port

Hyundai planning dedicated car export terminal in Chennai

FEFC's westbound volumes continue to soar

Tacoma to build container terminal for NYK

International commercial seaport of Baku handles 1.3 million tonnes of oil in H1 07

Malfunction of the main motor on the Akademik Fyodorov ship removed by crew within 5 hours

Contract on utilization of three nuclear submarines to be signed in Primorye

Regulator suspends Sakhalin II pipeline over building violations

Net profit of Ukraine’s state port sector makes $52 million in H1 07

Oil price up to $76.32 in London and to $75.88 in New York

Loss of Ukrainian Danube Shipping Co makes $1.8 mln in H1 07

Varna (Bulgaria) plans to build new port terminal

Argentina to lease Russian icebreaker for Antarctic mission

Port of Rotterdam reports growth for the first half of the year

Zhejiang to invest US$5 billion on water transport systems

GGL Line opens Hong Kong office to boost intra-Asia trade

Indias ABG Shipyard bags US$360 mln order from Thai company

AP Moller-Maersk unit sued by Transocean for patent infringement

UK's BAE, VT say agree to form shipbuilding JV

Container Corporation of India net up 12.5% for Jun07 qtr

Russia to launch exchange trade in oil products

China's second petroleum exchange opens in Dalian