News 2008 April 7

RF foreign trade up 52.7% in Jan-Feb 08 $102.3 billion Federal Customs Service

Volume of transit cargo handled by Finnish ports up 41.3% to 1.12 mln t In Jan-Feb 08

US inks declaration to help Russia join WTO this year

A nation-wide strike in Indonesian ports to start on Tuesday

Rotterdam and Long Beach sign an environmental exchange agreement

Norwegian Nor Lines opens new Grena - Turku service

Gammon Infra raises stake in Vizag Seaport

Throughput of Kotka port up 7.9% to 2.5 million tonnes in Q1 08

Dubai's DP World 2007 after-tax profit $420 mln

Russian Railways to open high-speed service between Moscow and Nizhni Novgorod

Throughput of Klaipeda port up 23.7% to 7.89 million tonnes in Q1 08

SOCAR raises oil and gas production in March

Sovcomflot IFRS net profit up 30.8% to $470.8 million in 2007

Hyundai Merchant Marine doubles capacity on Korea-Middle East route

ABG to set up third shipyard in Gujarat

Emaar EC, DP World to develop Saudi seaport

India's Hind Terminals to start container train service to Kochi Port

Indian sea cargo traffic poised for major growth - chairman of Mormugao Port

Pirates seize luxury French yacht off Somalia's coast

Port of Toledo plans to buy Fred Wahl Marine

New World Alliance to offer two new shuttle services for Asia and USWC

Throughput of Vostochny Port OJSC up 16% to 3.9 million tonnes in Q1 08

Oil price up to $104.90 in London and to $103.83 in New York

Port of Mombasa to commence dredging this year from 10 to 15 metres

Net loss of Sea Port of Saint Petersburg totals RUR 80.58 million in 2007