News 2007 July 31

Oka Shipyard to deliver ship of 006RSD02 project in December

New container line service opened in the port of Iljichevsk (Ukraine)

Shares of Japanese shipping companies rise on expectations of higher profits

Rising freight costs weigh down grain importers

Hyundai establishes subsidiaries in Vietnam and Italy

Port of Hamburg sees 14% box growth in first half

APL extends Singapore-Mumbai service to Chiwan

CKYH Alliance ends U.S./Mediterranean loop

UK government urged to invest in ports

Bunker storage tanks will ease road congestion in a port in the northwest of England

Bharati Shipyard Q1 net profit rises 83.56% to Rs 22.23cr

Putin supports connection of Trans-Siberian and Trans-Korean railways

Singapore's Cosco Corp Q2 profit up 58 pct

Fleet of Tall Ships' Races 2007 Baltic leaves Stockholm

Terminal for transshipment of light oil products to be built in Primorsk by November 07

Lithuanian railway cargo volumes up 3.3% in H1 07, y-o-y

Income from Ukrainian state sea and river transport companies up 12% in H1 07, y-o-y

Regular routes of cargo ferries Ust-Luga-Baltiysk-German ports to start by yearend

Bear Stearns to buy MC Shipping

Transocean announces settlement and license agreement with Noble

Container throughout of Bandar Abbas (Iran) jumped 28% from last year

KMTC to start new Intra-Asia Pusan to Nhava Sheva service

'K'Line sees net income grow to US$217 million for 1Q fiscal 2007

APL vice president slams container security devices as ineffective

'Melbourne tax' of US$200 per TEU threatened over dredging

Russian natural gas exports fall 11.9% in H1 - ministry

ЕМСТС to open six logistics centers by the end of 2008

Russians to dive below North Pole Aug. 1-2

Oil price down to $75.74 in London and to $76.83 in New York

Throughput of the ports of Baltic states up 6.4% in H1 07, y-o-y

Bangladesh scraps plan for new deep water port

Tanzania Ports Authority to raise container handling capacity

Transportation volume of Estonian railway up to 36.1 mln tonnes in H1 07