News 2008 February 22

DVTG starts container rail service from Finland to Russia

Rosneft secures $3 bln loan

New ships for the Arctic

Mechel Group begins construction of railway access to the Elginskoye coal field

Odfjell cancels newbuilding contracts in Russia

RZD and Petersburg to build a railway to take transit flows out of city center

Russia wins tender for railway hub in Algeria

Igor Orlov appointed acting Director General of Yantar shipyard (Kaliningrad)

Oil price down to $96.24 in London and to $98.23 in New York

MISC's Group reports financial results

India's maritime sector seeks tax breaks

Baosteel forms a joint-venture with China Shipping

Hapag-Lloyd and Hamburg Sud to leave Epic service in May

Australian container volume falls 3.6pc at five major ports

UK Teesport to build new 300 mln stg container terminal

Albania presents €500 million project of new container port

Iran opens new shipping terminal in Bandar Abbas

Cosco Corp wants to invest in overseas repair yards

Shtokman partners ink joint venture deal

Revenue of Sovcomflot group in 2007 exceeds $1.2 billion