News 2008 March 5

Throughput of Ukraine’s state port sector down 3.4% in Jan. 07 to 9.2 million tonnes

FESCO, Mitsui O.S.K. Lines and Azuma Shipping establish joint agency

Russia to access agreement on privileges and immunities of the Baltic Marine Environment Protection Commission

Wartsila acquires Norwegian ship service company Maritime Service

Evergreen's launches new feeder Mediterranean service

TUI says 2007 earnings up 47 percent to 616 million euros in 2007

Cargo handling at seven French ports to be privatised

Deutsche Post World Net splits Logistics division

Sinotrans to buy more assets from parent

Port of New Orleans seeks $1 billion for expansion plan

China Merchants to build 29 box berths from Shenzhen to Shanghai in two years

Adidas sets up transit hub in Tianjin Bonded Logistics Park

Budget allocations for construction of ferry crossings to exceed RUR 2 billion in 2008

Hong Kong's Cathay predicts strong earnings growth for 2007

Philippines port operator ICTSI net income up 46 percent in 2007

Budget allocations for emergency alert and OSR plans to total RUR 173.7 million in 2008

Throughput of Russia’s river ports up 17.6% in 2007 to 225.5 million tonnes

Russian Railways ups loading by 7.5% in February 2008

Krasnoye Sormovo to build two tankers of 19619 project for Palmali Group

Foreign investors to be allowed to participate in construction of Russian seaport infrastructure - Levitin

OPEC set to keep oil output unchanged

Russia reports higher foreign trade

"Murmansk sea trading port" increased turnover of goods in January-February

Kolkata Port Trust reports 45 pc growth in container traffic in Feb

PSA earnings surge 59% to $1.36b in 2007

Finnish port operator Steveco Oy orders 10 Kalmar straddle carriers

Oil price down to $97.52 in London and to $99.52 in New York