News 2008 February 27

Flag hoisting ceremony is held at Steregushchy corvette in St. Petersburg

Oslo Marine Group to open Zasnits – Vyborg line and to start container handling at Onega terminal by summer 2008

Transneft to start construction of Kozmino port and ESPO second phase in March 2008

Agility acquires Combalia’s transport & warehousing activities in Spain

Gulf Energy Maritime orders first aframaxes from Samsung Heavy Industries

Emirates Shipping posts 30% growth

Overseas Shipholding 4Q profit sinks

Thoresen Thai sees higher 2007/08 net profit

Norway's Havila Shipping reports preliminary year end results

Murmansk Shipping Company seeks for icebreakers

Braemar Shipping buys Steege Kingston for 12 mln stg

Qatar Shipping Co. full-year net increases 35% to $171 million

IMC Corp buys Singaporean marine engineering firm

Latvian Shipping Company doubles profit in 2007

Russian ship Pallada enters Panama Canal on round world trip

SovfrachtShipping OJSC completes purchase of Yeisk Seaport shareholding

Kazakhstan to up natural gas output 280% by 2020 to 114 bln cu m

Oil, gas production grows over 2 times in Sakhalin in 2007 against 2006

Ukrainian Cabinet of Ministers launches liquidation of UkrMorPort

CSCL launches Jiaxing-Guangzhou domestic service

Container Corp of India plans to develop 8 new container depots

CMA CGM, ANL and CNC upgrade CIMEX service

Chuan Dong Shipyard to build chemical tankers for Odfjell

Allcargo Global Logistics to form JV with Container Corporation of India

Kalmar boosts Port of Tacoma’s intermodal operations

Oil price up to $99.78 in London and to $100.88 in New York

N Korea sets free Russian motor ship Lydia Demesh