News 2007 November 6

Container turnover of Iljichevsk port (Ukraine) up 64% in Jan-Oct 07, y-o-y

Sovcomflot takes delivery of three product carriers built by STX Shipbuilding Co. (Korea)

ICTSI takes over at Batumi

Goldman seen taking stake in China yard

Capesize rate may extend gains on iron ore demand

Nord Stream construction could be delayed

DP World to double capacity in ten years

TransContainer relies to raise the cargo turnover

Throughput of Temryuk port up 17.8% in Jan-Oct 07, y-o-y

Throughput of Mariupol port up 10.3% in Jan-Oct 07, y-o-y

Throughput of port Kavkaz down 9.9% in Jan-Oct 07, y-o-y

Nord Stream shareholders to sign agreement with Gasunie

Novorossiysk Commercial Sea Port places shares by top border of price range

Throughput of the port of Hamburg up 4.7% in Jan-Sep 07, y-o-y

Naryshkin discusses Japan's joining in building oil pipeline

Putin signs Federal Law on Special Economic Port Zones

Hong Kong PYI to acquire 12.32% stake in Nantong Port

Iran, Cuba to form shipping company

GE Shipping unit signs contract for new vessels

New Maersk chief makes shipping line 'top priority'

Sinotrans Shipping seeks as much as $1.47 billion

Malaysian MMC to buy the rights to jointly develop a third container terminal at Jeddah Port

Singapore ranked first in World Bank shipping survey

Somali pirates release Taiwanese vessel

Port of Shanghai to increase container handling charge next year

Ningbo-Japan trade up 20pc in first three quarters

Dubai Port World plans $500 m more investment in India

Throughput of Yuzhny port up 5.9% in Jan-Oct 07, y-o-y

Zaliv (Ukraine) and Ulstein Group (Norway) sign memorandum on long-term cooperation

Oil price down to $90.49 in London and to $93.98 in New York

Cosco to float bunker surcharge next year

Taiwan's Yang Ming Marine unit buys two container ships for 193.88 mln usd

Largest Mideast IPO values DP World at $21.6 bln