News 2007 December 24

Kherson Shipyard (Ukraine) starts construction of a chemical tanker for Zanen Shipbuilding (Netherlands)

Investments into marine terminals of St. Petersburg and Leningrad region to total $2.5 bln

Sevmash finished the construction a diesel engine-electric submarine B-90 «Sarov»

Over 2,000 trucks queue at the Russian-Latvian borders

DVTG affirmed the bond issue

Gazprom Neft to buy 50% in Tomskneft for $3.7 bln

Armenia backs Iran-Armenia gas pipeline extension to Europe

Merger of Transneft and Transnefteprodukt to be finalized in January

Russia likely to hike oil export duty

LUKOIL to expand fuel oil transshipment facilities at RPK-Vysotsk LUKOIL-II

Analysts optimistic about RUSAL-Norilsk Nickel merger

China COSCO says 2007 profit to exceed forecasts

Samsung Heavy to build two semi-submersible floating drilling rigs for Russia

New grain terminal is put into operation in the port of Novorossiysk

Oil price up to $92.46 in London and to $93.31 in New York

Schwarzenegger U-turns in favour of California container tax

Zhejiang Huzhou to build US$51 million river logistics base