News 2007 November 7

TransContainer/LDZ Cargo ready to prolong cooperation

Rostekhnadzor finds 22 violations in Sakhalin-2 pipeline construction

Euroafrica Shipping Lines acquires new railway ferry

Hamburg Sud buys Costa Container Lines liner business

Iran, Venezuela to set up shipping company

EU nod for PSA Int'l venture to build terminal in UK

S'pore group tops bids for Serbian shipping firm

"Fuel Oil Trading and Bunkering" - IV International Forum to take place in St. Petersburg, Nov 29-30

Protestors lift blockade of French ports

HK-listed COSCO Pacific completes buy of 20 pct of Suez Canal Container Terminal

Norway's Aker Yards reports sharp decline in 3Q profits

Port Klang Free Zone eyes RM610mil investments

Latvian Shipping Company orders four tankers

Net profit of Port Vanino (Far East) up 2.5 times in Jan-Sep 07, y-o-y

Throughput of Liepaja port (Latvia) up 0.1% in Jan-Oct 07, y-o-y

Throughput of the port of Klaipeda (Lithuania) up 17.4% in Jan-Oct 07, y-o-y

Net profit of Sovcomflot under IFRS up 69% in Jan-Sep 07, y-o-y

Ports of Azov-and-Don Basin increase throughput by 18% in Jan-Oct 07, y-o-y

Ust-Luga port to handle 80 million tonnes of cargo per year by 2015

DNV and COSCO Shipyard Group Sign Strategic Agreement

Kerala to develop two shipyards

MOL liner operation seeks bigger Black Sea market share

Foreign trade value of northeast China up 27pc

Flemming Jacobs to run GSL - new CMA CGM-invested box ship venture

Port of Qinzhou's throughput rises 50pc cent by October

HK tycoon Li Ka-Shing cuts stake in China's COSCO

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

Rickmers-Linie takes shares in Wallmann & Co

Oil price up to $93.26 in London and to $96.70 in New York