News 2008 April 17

Primorye continues to build international transport corridors

Raising sunken Ukrainian ship near China will take two weeks

S. Korea to pay for a part of expenses on geologic research at the shelf of western Kamchatka

Ukraine clarifies statement on Black Sea fleet withdrawal talks

US rail operator CSX Q1 earnings jump 46% on fuel surcharges

PSA Singapore Terminals, Doosan ink $160m deal for 79 new RTGS

Piracy figures up 20% for 1st quarter of 2008

Yugtranzitservis sells the port in Taganrog

Hanwha Group considers purchase of Daewoo Shipbuilding

Complex OJSC to do excavating works in Kozmino Bay

CSSC plans to build China's largest shipyard in Guangdong

UAE firm to build industrial zone in Georgia

Vietnam needs $3.8 bln for seaport development

Ukraine cuts oil transportation by 23.9% to 9.9 million tonnes in Q1 08

In 2008 Surgutneftegaz plans to maintain output at the 2007 level

Throughput of Klaipeda port up 23.7%, Ventspils – 6.9%, Riga – 20.4%, Kaliningrad – 13.2%, Liepaja – 2.4 times, Tallinn – down 29.6% in Q1 08

Primorsk Shipping Corporation is preparing for the arctic navigation

Trade between Russia and Japan increased fivefold

Oil price up to $112.66 in London and to $114.93 in New York

Largest shipyard of Mediterranean to be constructed in Yumurtalik

Ventspils nafta consolidated net profit up 17.1% to LVL 82 million in 2007

Cosco Pacific block prices at 6% discount

Container lines revamp New Zealand services