News 2008 January 16

Container turnover of Klaipeda seaport up 38.8% in 2007 to 321,400 TEU

Russia's Rosneft posts $9.9 bln US GAAP net income in 9M07

Vietnam to build new seaport by 2020

New London shipyard penalized more than $787,000 for pollution

Cosco expands rig-building capacity

Russia delays overhaul of Indian Navy submarine

Amsterdam boxes throughput jump 21% in 2007

Poland’s Port Gdynia launches $415m investments

Oil producer Tatneft's oil output up 1.3% to 188 mln bbls in 2007

Throughput of Ventspills Nafta Terminals up 133% in 2007 to 13.3 million tonnes of oil and oil products

RosMorPort FSUE to transship 50,000-60,000 cars via Baltijsk terminal in 2008

Throughput of Vostochny port up 5.8% in 2007 to 21.7 million tonnes

Krasnoye Sormovo to built another tanker for Caspian Shipping Company

Hyundai to build new drydock

China Harbor wins contract to build Ras Al-Zour port

ASL Marine secures seven orders

Hutchison Port Holdings to develop a $447 million deep-water port project in Ireland

China ports post 20pc increase in container volume in 2007

Guangzhou volume exceeds 9.2 million TEU in 2007

Shanghai's trade value up 21pc to US$521 billion in 2007

Shenzhen Dachan Bay Terminal One welcomes first call

Tianjin Port cooperates with Inner Mongolian Baotou city to boost trade

Malaysia's PTP posts 14.5pc increase in TEU volume in 2007