News 2007 August 1

Average price for Urals oil exceeds $74 per barrel in July-1

Russian vessels approach N. Pole for dive to claim territory

Bear Stearns unit to acquire MC Shipping

Royal Caribbean strikes deal with Panama

Transocean settles drilling patent case

Tanker rates may extend gains as ship supply dwindles

Europe West Indies Lines introduces low sulphur fuel surcharge

Maersk reduces Asia/Caribbean/Mexico service

Savannah posts record throughput

Aircraft carrier overhaul for India postponed - Sevmash administration

Putin signs law on weapons to guard pipelines

Net loss of Sea Port of St. Petersburg down 20% in Q2 07, y-o-y

Transport Ministry of Russia sets exceptional rates for container service in transit

UK forwarders out of Grand Alliance loop

The Grand Alliance extends its life to 2017

Gov't to retain control over railroads

The Tall Ships' Race gets off to good start - fleet now heading for Szczecin

Port of Dresvyanka (Pechorskaya Guba, Barents Sea) to be built by 2011

New bulker enters the fleet of Murmansk Shipping Company

Sakhalin II pipeline construction resumes - watchdog

Russia boosts oil export duty

Russian govt props up former top-secret ship producer

Oil price up to $77.05 in London and to $78.21 in New York

Wallenius Wilhelmsen takes stake in Chinese ro-ro terminal

Saudi Aramco to invite bids for $10bn Manifa oilfield

NYK, 'K' Line revise profit upwards, buoyed by China demand

Philippines to cut box security fees

Bulgarian container terminal building expected to start before 2008

Vinashin Ocean Shipping Company launches Singapore-Ho Chi Minh feeder service

Port of Luanda to build container terminal operated by Maersk, APM

Koreans accused of leaking shipbuilding secrets to China

Port of Lom (Bulgaria) experiences problems because of water level decrease

AMB Property Corporation acquires 44,100 square meters at port of Hamburg

V.Group and Norstar establish 50/50 joint venture

Kalmar to deliver 11 RTGs to Morocco’s new Tangier Mediterranean Port