News 2007 November 2

Construction of new port in Lomonosov (Leningrad region) to commence Nov 7

Admiralty Shipyards (St. Petersburg) to deliver repaired diesel submarine to Algerian Navy in Nov 07

Throughput of Murmansk Commercial Seaport totals 11.8 million tonnes in Jan-Oct 07

Shipping Corporation of India plucky despite profit plummet

Container shipping lines eye rate rise for Asia to US routes

Container turnover of Iljichevsk terminal (Ukraine) up 41.8% in Jan-Oct 07, y-o-y

China's Sinopacific Shipbuilding plans Shanghai listing in June 2008

A P Moller’s strike causes congestion at Nigerian port

Bangladesh to set up container scanners at main port

Container turnover of NUTEP (Novorossiysk) up 53.25% in Jan-Oct 07, y-o-y

Container turnover of PKT (St. Petersburg) up 8.3% in Jan-Oct 07, y-o-y

Feasibility study for transfer of Baku port to be completed in Dec 2007

RF alarmed over Kremenchug oil refinery hostile takeover

RAS net profit of LENMORNIIPROEKT up 3.9 times in Jul-Sept 07

SCO states to sign agreement on customs cooperation

Throughput of Port Vysotsky LLC up 8.4% in Jan-Oct 07, y-o-y

Nord Stream AG to consider Swedish route change proposal

Russia's admission to WTO could exert an adverse impact on 22 regions of the country

SembCorp braces for litigation

Salvors start to pump oil from Omer N

South Carolina and Georgia's ports authorities to jointly own port at the mouth of the Savannah River

Aegean acquires Portland bunkering station

AADA bunker surcharge for China, HK, Australia goes to US$350 per TEU

CNC Line expands intra-Asia services

MOL upwardly revises forecast for financial year 2007

Shanghai plans for agricultural throughput at planned logistics centre

Maersk to ease Chittagong clogging with inland container depot

Oil price down to $89.72 in London and to $93.49 in New York