News 2007 September 5

Ukraine’s water transport carries 13.2 million tonnes of cargo in Jan-July 07

Construction of a deep-water port in Archangelsk may be finished by 2012-2014

Mazeikiu nafta and Klaipedos nafta not to be linked by oil pipeline before 2010

Russian economics ministry to raise oil price, GDP growth forecasts

Russia ratifies border treaty with Latvia

Container throughput of Iljichevsk container terminal (Ukraine) up 35.48% in Jan-Aug 07, y-o-y

Container throughput of NUTEP (Novorossiysk) up 56.48% in Jan-Aug 07, y-o-y

Throughput of Petersburg Oil Terminal totals 7.7 million tonnes in Jan-Aug 07

Container throughput of First Container Terminal (St. Petersburg) up 9.8% in Jan-Aug 07, y-o-y

Loading of Russian Railways makes 113.6 million tonnes of cargo in August 07

'Krasnoye Sormovo' to launch second tanker for Turkey's Palmali on September 9

Putin inspects pier of nuclear subs in Kamchatka

Brazil starts construction of refinery with capacity of 200,000 barrels per day

Algeria boots out two Spanish companies from LNG project

Wilhelmsen to acquire Callenberg Group

COSCO to buy 412 dry-bulk ships

Hyundai Mipo wins US$ 873 million worth of orders for 17 ships

Throughput of Vostochnaya Stevedoring Company up 35% in Jan-Aug 07, y-o-y

Empty containers from Tianjin to Hong Kong surged 120 per cent from January to July

Sinotrans posts first half profit of US$52 million, up 22.8pc

Port of Jiangyin box volume soars 188pc to 169,000 TEU

Hutchison Port Holdings opens two terminals in Egypt

Indian RIL to invest $1.3b to convert Rewas Port

Russian United Shipbuilding Corp. equity capital to total $43 mln

Vulkan Shipyard opens the first Shipbuilding School in Europe

Lyttelton Port (New Zealand) delays $90m capital spending plan

Maersk increases bunker surcharge increase between the Mediterranean and US & Canada

Removal of Baku International Seaport to cost $400 million

Teikok Oil Suriname and Maersk Oil participate in offshore exploration project, Suriname