News 2007 November 16

Dockers of First Stevedoring Company (Sea Port of St. Petersburg) to terminate strike under Court’s resolution

RAS net loss of Baltiysky Zavod makes RUR 700.7 million in January-September 07

Novoship plans acquisition of ports at Black and Baltic Seas

Throughput of the port of Ventspils (Latvia) up 7.2% in Jan-Oct 07, y-o-y

Throughput of Archangelsk seaport up 0.9% in Jan-Oct 07, y-o-y

Frontline posts surprise 76% slump in Q3 profit to US$24.2m

USCG failed to warn Cosco Busan

Aker Kvaerner wins new contracts in China

Strikes in Cochi threaten terminal project viability

HK port container traffic rises slightly in Oct

Guam-based Saipan shipyard gets govt approval

Primorje Sea Shipping Company shares experience of work in Arctic and Antarctic

Russian Railways to invest RUR 1.3 trillion in 2008-2010

Russia won't join CIS accord on oil transit - Lavrov

Azerbaijan State Caspian Shipping Company to transport Chevron oil from Jan 08

Surgutneftegas posts planned investment in prospecting

Oil spill in Kerch Strait may cause loss of over RUR 300 billion

Eight tonnes of fuel oil cleaned up in Kerch Strait – ministry

Strike in the port of St. Petersburg results in loss of $1.5 million per month

Ningbo port forges ahead with dual IPO

Bunker costs put brakes on CMA CGM ships

Oil price rise prompts AADA to hike bunker surcharges November 30

Ukraine and Russia need new treaty on security of Kerch Strait - Yushchenko

Shenzhen's YCT, CCT make top three list of China's best terminals

Panama Canal lures bidders for $3.2 billion project

Two Japanese partnerships order new LNG carriers

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