News 2007 December 6

Throughput of Ventspils port up 6.3% in Jan-Nov 07, y-o-y

Czech companies to build $2.4 bln refinery in Russia's Urals

Ports of Zasnits (Germany) and Ust-Luga (Leningrad region) to be linked by ferry service in early 2008

Australian ASP buys Silver Fern

Cosco Pacific plans to double port spending

Hutchison unit loses tax appeal and must pay HK$1b tax

German orderbook up to 1,695 vessels of 68M dwt

Hanjin finishes 1st phase of Philippines shipyard

ONGC to shutdown two facilities off Mumbai next year

Estonia welcomes China's investment in Tallinn port

Sea Port of St. Petersburg acquires 100-percent stock of Maritime Pilots of Tuapse

The number of timber exporters up in Primorye

Gazprom Neft launches construction of gas turbine plant

Sovcomflot gets state shares in Novoship

Zubkov against lifting timber export duties

Throughput of Klaipeda seaport (Lithuania) up 15.7% in Jan-Nov 07, y-o-y

Russia, U.S. set to sign fishing agreement over Bering Sea

OPEC countries reject consumer calls for oil output increase

Russian Navy resumes constant presence in world's oceans

Port Adelaide posts profit of almost $930,000

Port of Palm Beach gets first diesel fuel terminal

Oil price up to $88.49 in London and to $87.49 in New York

China Shipping to acquire 20% of container facilities at Fuzhou's Jiangyin New Port

India's Jawaharlal Nehru to get special economic zone

CTSA hike rates due to higher costs, fuel prices, weak dollar

Maersk to add four slower bunker-saving ships to Asia-Europe net

Som Petrol offers to modernize Turkmenbashi international seaport

Maersk to invest $29.7b in three years