News 2008 February 19

Development of Severnaya Verf shipyard (St. Petersburg) to be completed by 2013

State to allocate RUR 120 billion per year for federal roads starting from 2011

Hyundai wins $900m Singapore harbour deal

Nord Stream AG and EUPEC PipeCoatings S.A. to sign a Letter of Intent

Hamburg Sud, Alianca and Costa Container Lines to combine and upgrade their services

Bulgaria/Germany: railway cooperation

TransContainer to place bonds next month

Russian Railways to invest in renovation

Evraz Group to buy 51% in Chinese steel co Delong for $1.5 bln

Russia's ban on wheat exports an economic measure - minister

Baltic Oil Terminal to build a 7.5 mln t refinery and a 10 mln t oil terminal in Latvia

Japan destroyer Atago collides with schooner off Pacific coast

Throughput of Vladivostok Container Terminal up 24% in Jan 08, y-o-y, to 15,229 TEU

Construction to start on Hefei terminal in June

Ningbo to invest $1.79 billion in port development in 2008

Gammon India sets up logistic company

Oil price up to $94.91in London and to $95.89 in New York

Hurricane winds shut Varna

Port of Qingdao throughput up to 836 000 TEU in January

Wenzhou to add 10 deep-water berths in five years

Freight rates from Indian subcontinent to Europe to rise by US$100 per TEU

Hutchison Port Holdings wins Karachi container terminal contract

Russia bans grain exports to Belarus, Kazakhstan until Apr. 30

Thailand's state and private sectors sign agreement to jointly develop shipbuilding industry

Rickmers-Linie expands Pearl String Service