News 2008 April 15

Commercial seaport of Izmail (Ukraine) ups throughput by 5.6% to 1.93 million tonnes in Q1 08

Valmet Automotive (Finland) eyeing automobile assembling in Leningrad region

Singapore's container ports reports strong Q1

Mexican oil ports closed due to bad weather

Port operator China Merchants’ profits up 40% in 2007

France wants to see pirates in French court

Cosco Pacific investor selling $96 mln stake

Nevsky Shipbuilding Yard launches EUR 2.6 mln dry cargo carrier for Damen Shipyards Bergum

Guangzhou Shipyard Q1 profit to rise 50%

ASPO completes construction of Module 10 for Kashagan field

Polish national train operator PKP gets rid of loss in 2007

Russian Railways to finish construction of three transport corridors in 2008

Container throughput of East Siberia Railway up 6.7% to 22,300 in Q1 08

Varandei port opens for foreign ships

Cargo handling of Archangelsk Sea Commercial Port up 25.5% to 361,876 tonnes in Q1 08

Poland, Ukraine sign deal on oil pipeline bypassing Russia

US adds Cuba to security list

Investors to take over Greek ports next year

TACA says bunker adjustment factors will not change

I.M. Skaugen Group reports first quarter results

Seadrill secures $4.1 billion in Brazil drilling contracts

Grand Alliance starts new European service

Nobody hurt in Petropavlovsk-Kamchatsky fishing vessel fire - Emergency Situations Ministry

Maersk to improve WestMed service

Oil price up to $109.84 in London and to $111.77 in New York