News 2008 February 8

VAT in Russia could be cut to 12%-13%

Gdynia port posts record results in 2007

Ports of Azov-and-Don Basin cut throughput 1.5 times to 398,000 tonnes in Jan 08

Siberian regions, RZD and VEB to sign memorandum on Sevsib construction

Large meat batch detained on Russia-China border

Aker Kvaerner and IHI Joint Venture wins contract

STX unready to acquire over 25% in Caspian Shipbuilding Factory Project

LUKOIL acquires new hydrocarbon assets in Uzbekistan

Russia posts rise in revenue from oil exports

Throughput of Ust-Luga port doubles to 7 million tonnes in 2007

Russia's Gazprom drops Baltic LNG project

Oil price up to $88.51 in London and to $88.11 in New York

Foreigners to be forbidden to fish in Russia

CMA CGM signs MOUs for two cruise ships at Fincanteiri

Shipping Corporation of India to invest $800 m in shipyards

Greece starts ports tenders for Piraeus and Salonica

Maersk's CO2 output same as whole of Denmark

Tax breaks on offer to bolster ailing Japan flag