News 2008 March 14

Port Poti (Georgia) announces international tender for dredging works

Export via Ukrainian ports up 50.9%, import – up 20.7% in 2007

Incorporation of shipbuilding enterprises gains momentum

Mitsui O.S.K. plans to double its fleet of long-range tankers to 16 by the end of 2011

Container throughput of Riga port up 25.4%, y-o-y, in Jan-Feb 08, to 37,000 TEU

Primorsky Krai starts development of railway infrastructure for ESPO

KazMunaiGas acquires Naftrans assets for $220 ml

Vyborg Shipping Company 2007 IAS net profit makes RUR 701,000

Maersk is to build hintermodal terminal in Neuss

Throughput of Petrolesport OJSC up 15.9%, y-o-y, in Jan-Feb 08, to 1.04 million tonnes

State Duma ratifies agreement with Norway on differentiation of sea spaces in area of Varanger Fiord

Ukraine posts decrease in gas output

LUKOIL in talks to buy into Erg's Sicilian refinery

Hong Kong-listed China Shipping Container eyes asset acquisition from parent

Philippines to spend US$283.7 million for container terminals in nine countries

Unprofitable Cambridge container terminal closes

Odyssey Marine Exploration announces 2007 financial results

Denmark's Maersk 2007 net profit rises 15 pct

Oil price up to $107.54 in London and to $110.33 in New York

Kalmar wins an all-inclusive service contract from Norsteve Oslo

Byelorussian manufacturers of potassium salt cease its export via Ventspils ports