News 2007 November 15

Transit navigation closes at Volga-Baltic waterway

Backlog of orders of Vyborg Shipyard exceeds RUR 60 billion

Gazprom management approves Shtokman draft investment plant -2

Throughput of Archangelsk Commercial Seaport down 2.7% in Jan-Oct 07, y-o-y

Vyborg Shipyard to invest RUR 400 million into expansion and modernization by 2009

CKYH Alliance upgrades its Asia-North Europe services next month

Daewoo wins tanker order at record price

STX Pan Ocean Q3 profit surges on dry-bulk rates

Russian minister to Krasnodar to help Kerch Strait relief works

Rickmers-Linie selects Tioga Marine as its new terminal in Philadelphia

Indian JNPT plans Rs 70-bn spend for port upgrade

Oil from sunken tanker in Kerch Strait may reach Azov Sea in a day - Rosgidromet

Russian Railways Co to invest 250 bln roubles in security

Severstaltrans Group acquires 50% of Multi-Link Terminals Ltd Oy and Container Depot Ltd Oy

Russian Railways sees investments at 1.3 tln rbl in 2008-2010

DP World told to give up Mundra

Babcock unit buys Belgian port group

S Korea plans to build ship factories in N Korea

New World Alliance cuts back transpacific capacity 10pc

Port of Qinhuangdao builds container terminal

Port of Dalian throughput to reach 11 million TEU by 2010

North-Jiangsu Canal's first container line launched

Qingdao container volume to surpass 9 million TEU

Vietnamese Ha Long shipyard launches biggest container ship

VTG buys Tankspan Leasing of UK to offer tank container leasing

Russian Railways net profit projections announced

Throughput of Mariupol Commercial Seaport (Ukraine) up 10% in Jan-Aug 07, y-o-y

Oil price up to $91.36 in London and to $94.45 in New York