News 2008 February 20

Ust-Luga port facilities valued at over RUR 20 billion to be completed by 2009

Malaysian Bulk Carriers net profit jumps 68% in Q4

Bosporus Strait reopens to tankers as snow clears

STX Pan Ocean wins $273 mln coal shipping contract

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

Seaspan reports financial results for 2007

Murmansk loses control over icebreaker fleet

Siva Ventures acquires Norwegian Shipping firm

NOL establishes container terminals business unit

St. Petersburg dam and encircling motor road to be completed by 2010– Matvienko

BDP International plans global group of smaller logistics firms

Nippon Yusen expects 13% profit gain

Asian tanker rates may end 5 weeks of declines

Dublin Port topped 30 million tonnes in 2008

Aker Yards wins 80 mln eur container ship order from Royal Arctic Line

Russia environment watchdog chief moves to sack outspoken deputy

Murmansk region government decides to include Murmansk Fishing Port into PSEZ

Russian Railways to invest over RUR 9 billion into high-speed line St. Petersburg-Buslovskaya

China to build Nanjing-Hangzhou Railway

Tianjin to invest US$195 million in suburban logistics parks

Throughput of Latvian ports up 26.5% in Jan 08, y-o-y, to 5.626 million tonnes

Panama Canal Authority sees revenue growth in 2008

Gazprom's gas exports likely to rise

CMA CGM to take over EPIC service

Singapore backs Panama Canal expansion plan

FESCO ship is keeping on supplying Antarctic stations