News 2008 January 31

MNP Group to invest RUR 160 million into development in 2008

No official decision on extension of the term of ESPO first phase implementation - Ministry

Wenzhou Port's cargo throughput up to 42.4657 million tonnes in 2007

$3m traffic system to boost Singapore port efficiency

Maersk sounds partnerships with Indonesia shipment firms

Competition watchdogs suspect five European ship classification societies

China plans to blast new ship channel on Yangtze

Excel Maritime Carriers to buy Quintana Maritime for US$2.4b

Mitsui O.S.K. Lines, Ltd. announces revision dividend forecast

North Cyprus to resume ferry service to Syria

TTS develops new passenger gangway for Norwegian Port of Risavika

Brazilian port of Santos extends box tax 50% discount

GreenCarrier launches in Estonia

Throughput of Izmail commercial seaport up 0.6% in 2007 to 6.9 million tonnes

Queue on the Polish side of Poland-Byelorussia border is about 54 kilometers long

Tatneft expects balance sheet profit at RUB 64 bn in 2007

Severstal to sell two Siberian coalmines to Arcelor Mitttal

Container loading of Far Eastern Railway up 25.9% in 2007 to 3.3 million tonnes

Malaysia's UMW buys Singapore shipbuilder

Boston box volume up to 1.7 million tons in 2007

Liaoning sea port box volume up 22.6pc in 2007

Cleaning and priming line for rolled metal products is put into operation at Krasnoye Sormovo Shipyard

Hamburg Sud to add a southbound call at Valencia

China State Shipbuilding net up 950 pct in 2007

Container Corporation of India net up 16% in Dec07 qtr

Containerships starts calls to DCT Gdansk

Oil price up to $92.53 in London and to $92.33 in New York