News 2008 March 4

Throughput of maritime transport up 5.1%, y-o-y, in 2007 – RF Ministry of Transport

Court adjudges Volgotanker to be a bankrupt

Dachser forms JV in Russia with Intellect Logistic

Aker Yards fires CEO as it posts loss of 500m Norwegian crowns in Q4

Pacific Basin Shipping Ltd quadruples net income in 2007

US trans-Pacific container imports expects sharp rise in 2008

Chris-Marine AB and IOP Marine A/S in strategic co-operation

PetroChina plans oil refinery in Singapore

Handling of Russian freight trains up in Estonia

EU nations agree on action against shipping emissions

U.K. Government announces no change to light dues levels

German-led buyer vows to upgrade fleet of the Bulgarian state shipping company

Sea Port of St. Petersburg withdrew from shareholding of three stevedoring companies

Wartsila acquires Norwegian ship service company Maritime Service

Revenues of HHLA Group up 16% in 2007 to 1,18 billion euros

Russian Railways to invest RUR 1.3 bln into modernization of Sakhalin railway infrastructure in 2008

Throughput of Vostochnaya Stevedore Company up 13% in Jan-Feb, y-o-y, to 58,320 TEU

Oil terminal Klaipedos nafta ups shipment by 37% in Jan-Feb, y-o-y, to 1.416 million tonnes

Oil price up to $100.48 in London and to $102.45 in New York

Montreal reports record 2007 traffic, up 9.4pc to 1.3 million TEU

Taiwan container traffic in 2007 up by 4.78% YoY

Concor to form JV with Allcargo

Hainan's Yangpu port boosts container throughput in 2007