News 2007 August 21

Moles to be reconstructed in the port of Riga

St. Petersburg transport companies up cargo turnover by 0.8% in H1 07, y-o-y

East Siberian Railroad: 5.2 mln tonnes of oil transported to China

Shipping companies of Odessa region decrease transportation by 1.2% in H1 07, y-o-y

NOL average container revenue up 7%

China shipbuilder's Q2 profit doubles

Tanker rates to Asia may rise on September demand

Seadrill (Norway) bags US$570m ExxonMobil job

Maersk Line and Safmarine lounch second weekly service between the Far East and West Africa

Kaohsiung port to get $635.6 million from government

Eight berths out of operation in Karachi (Pakistan)

Zhaoqing aims for 1m-TEU annual volume by 2011

Gazprom picks out first supplier for Shtokman

WTSA to boost wastepaper rates

Coal production in Russia declines

Transneft ups ESPO cost estimates

Ukraine not to demand early Black Sea Fleet withdrawal

Russian market of international container transportation to grow 3.4-fold by 2012

Commercial Port of Vladivostok (VMTP) to become part of FESCO Group

Net loss of Archangelsk Commercial Seaport down 8-fold in H1 07, y-o-y

Nakhodka Seaport starts transfer of pipes for Eastern Siberia-Pacific pipeline

Zim raises freight rate 10% following Maersk's closure of its direct Israel-US shipping line

Oil price down to $69.85 in London and to $71.12 in New York

Russia posts decrease in gas production