News 2007 September 21

Russia posts oil production figures

Novatek and Company Ust-Luga sign investment contract for a transshipment complex in Ust-Luga

Federal expenditures for infrastructure projects to total RUR 900 in 2008

SCCT signs concession agreement for Phase II of East Port Said terminal development

ICTSI acquires port facilities in Georgia

China Merchants to expand into resource ports

Sinotrans shipping unit planning US$1.3b Nov listing

Guangzhou to get new shipyard

POSCO, Hyundai Heavy hit records on stake tie-ups

Hynes-led group reaches deal to buy Oceanex

RZHD intends to increase investments

Minister says Russian grain harvest at 77 mln tns so far this year

LUKOIL Overseas opens oil deposit in Egypt

Three agreements on investment into the port of Ust-Luga for $1bln to be signed at Sochi Forum

Volume of primary oil refining in Russia up 5.2%

Net profit of Sovcomflot OJSC up 6.8% in H1 07, y-o-y

Terminal-and-logistics complex Eurosib-Shushary to be put into operation in late 07 – early 08

MSC and TN to invest $153 million for the Le Havre expansion project

APM Terminals to double East Port Said capacity

JV consortium to build 16 new container berths in Singapore

CCNI starts North China-Chennai service

Ningbo Daxie port area container throughput up 219pc in first eight months

China to increase cold chain logistics in agriculture

Hefei plans three logistics projects to operate next year

Wuhan Steel signs transport and vessel-lease contracts with Zodiac Marine

Maersk resets Asia-Red Sea service

Gazprom to amend Baltic LNG feasibility study

Mechel OAO buys Temryuk-Sotra seaport

Oil price up to $79.09 in London and to $83.32 in New York