News 2008 April 10

BTC pipeline pumps over 2,000,000 tons of Azeri oil in March

Russia, Greece to ink South Stream gas accord

Throughput of Kaliningrad Commercial Seaport OJSC up 71.5% to 1.4 million tonnes in Q1 08

Yantai container terminal boosts cargo consolidation

Foreign-branded car sales in Russia up 54% on year in Jan-Mar

Tallinn new container terminal postponed

Singapore to double cruise ship capacity by 2010

Vinalines plans to invest about US$3bil in development through 2010

Transit navigation at Volga-Baltic waterway to start in late April- early May 2008

LUKOIL net income up 27.1% to $9.511 million in 2007

Throughput of Mariupol commercial seaport down to 2.77 million tonnes in Q1 08

CS Cargo plans to enter Russia’s logistics market by mid 2008

Bankrupt Nevelsk fishing seaport debt runs at 100 mln rbls

Throughput of Vostochny port up 15.6% to 5.3 mln t in Q1 08

Throughput of Commercial Port of Vladivostok up 66% to 1.5 million tonnes in Q1 08

Throughput of Nakhodka port up 24.2% to 4.2 million tonnes in Q1 08

Estonian Railways rail freight volume down 43%

Shreyas Shipping plans 30 pct growth in FY09 sales

Ports of Los Angeles and Long Beach present fuel incentive scheme

Hanjin to build container terminal in Jacksonville, Florida

Regulator puts Kerch Strait oil spill damages at $867 mln

Panama Pacific entrance dredging contract awarded for US$177.5 million

Oil price up to $108.47 in London and to $110.87 in New York