News 2008 February 4

Russia intends to improve performance of oil companies

Tokyo urges Russia to hold meeting on Sea of Okhotsk protection

Throughput at LUKOIL own refineries in Russia up 7.7% in 2007 to 42.548 million tonnes

Shenzhen throughput up by 14% to 21.1 million TEUs in 2007

Hanjin, Jacksonville port reach development plan

TUI plans to integrate Hapag-Lloyd into its parent company

Gazprom Neft to boost crude output to 586 mln bbls by 2020

Hungarian rail workers resume their open-ended nationwide strike

Chinese Shipyard receives first engine from BMZ

Russian vessel held by pirates at Somalia port

Rotterdam port secures €450 million loan

Emirates Shipping joins to North China India Express service

Throughput of ports in Jiangsu province surpassed one billion tonnes in 2007

US Tacoma container throughput falls 7pc in 2007

Hyundai Heavy wins $843 million order

China State Shipbuilding forecasts 10-fold profit growth

Ecuador, Venezuela forms JV to build oil refinery

General Dynamics gets $460 mln ship order

STX Confirms shipyard construction in Vietnam

New Mangalore Port improves container and rail-bound traffic handling

Persian Gulf oil-tanker rates may curb gains on China New Year

German high-tech ship slashes fuel use on maiden voyage

Russia to build up presence in global ocean - navy commander

United Arab Shipping Company plans to rise its profit and capacity by 300 per cent by 2012

Bulgaria's Navibulgare net profit up to 35.1 million leva in 2007

Port of Rotterdam relocates fruit terminal

Hupac starts connection between Rotterdam and three Polish terminals

"K" Line reports third quarter financial results

Ship with four Russians captured by pirates off Somali

Maersk puts two vessels on new East Asia route