News 2007 July 30

Expansion of the port of Aktau (Kazakhstan) to double the port's capacity

Mid-East tanker rates decline on vessel surplus

Nordcapital orders eight ships of 13,100 teu

United States tightens rules on foreign acquisitions

Hong Kong to scan US-bound cargo for radiation

EU regulations threaten future of Gdansk shipyard

DG Tren spells out its aims and strategies at the European Freight & Logistics Leaders Forum in Helsinki

Throughput of Latvian ports up 4.6% in H1 07, y-o-y

FCT capacity to reach 1.2 million TEU in 2008

Urals crude price to average $63-65 in 2007 - finance minister

Primorye is ready for large-scale projects - governor

Venezuela to sign agt with Lukoil on joint oil recovery by yearend

Scania to construct truckmaker in Russia

New terminal to be built in the port of Constanta

PRISCO launches second tanker of Suezmax type

Dubai Ports Group offers over $120mn for Djen Djen Port, Algeria

Turkish coastal vessel sinks close to Mangalia port, Romania

Penzhina River water level in Koryakia down to dangerous mark

Oil spills after vessel hits pipeline in the Gulf of Mexico

DP World to upgrade Fujairah terminal

Shandong builds logistics centre for Taiwanese investors

Britain to spend US$21 billion on rail upgrades

Nanchang (China) to focus on logistics development

Сheng Lie Navigation to launch two new China-India services

Oil price up to $76.26 in London and to $77.02 in New York

Maersk Line ending direct shipping to US from Haifa

Deputy PM Naryshkin to head Russian shipbuilding corporation

APM Terminals involves in 53 mln usd Angolan terminal expansion project