News 2008 February 5

Ford to pay more to Russian workers

Group of companies PALMАLI acquires large shipper

Deutsche Bahn and rail union seal wage deal

Karimun to commence construction of a $6.4 million container terminal this year

Cosco and China Shipping to acquire stakes in Fuzhou Jiangyin Port project

SOCAR exports 145,700 tonnes of oil products in Jan 08

Russia reports 24% increase in foreign trade to $580 bln in 2007

Throughput of Murmansk Commercial Seaport up 28% in Jan 08, y-o-y, to 1.2 million tonnes

PKP Cargo to establish new firm with Russian and German rail

Transneft completes merger with Transnefteproduct

Transport Ministry to allocate RUR 9.3 billion for development of Russian ports in 2008

Oil price up to $90.47 in London and to $90.02 in New York

Ports of Baltic states increase throughput by 0.3% in 2007 to 139.4 million tonnes

Abu Dhabi to invest $28 billion on ports

Zim wants to buy Salonica port

Beijing to build Sino-German giant logistics park to match new Silk Road rail link

KPA (Kenya) to construct second container terminal

AP Moller Maersk, Evergreen to cooperate on Asia-Europe trade lines

Russian PM Zubkov, 18 other candidates nominated for Gazprom bd