News 2008 May 14

Putin urges extending tax holiday to more oil companies

Putin suggests lowering natural resources tax to boost oil production

Annual transshipment of liquid bulk cargo in Primorsk to grow to 120 mln t - Levitin

Throughput of Nakhodka Commercial Seaport OJSC up 39.3% to 3 mln t in Jan-Apr, 08

COSCO orders 4 container ships for $280m

SEKO expands in Dubai

Singapore's NOL Q1 net profit almost triples

National Iranian Tanker Co. books another VLCC

Overseas terminals to boost ICTSI profit by 29%

Australia sets record for wheat exports in containers

Novorossiysk Commercial Sea Port to hold annual shareholders meeting on June 12, 08

Tulva River polluted by oil spill from oil pipeline in Perm region

Vice Premier Igor Sechin to focus on shipbuilding

RosMorPort FSUE eyeing construction of ecological bunkering complex in Murmansk port

25 tankers with Azeri oil sailed away from Ceyhan port in April 2008

Throughput of Nakhodka port up 28.2% to 5.8 million tonnes in Jan-Apr, 08

Throughput of Vostochny port up 3.1% to 6.8 million tonnes in Jan-Apr, 08

Project Sever of Transnefteproduct OJSC is put into operation

Sea Port of Saint Petersburg OJSC plans to double its throughput after implementation of investment program

Hanjin Shipping recorded a first quarter loss in net profit of US$28 million

Germanischer Lloyd Australia and BMT Defence Services Australia signed MoU

Varun Shipping net rises 59.73% in FY08

Oil price up to $124.10 in London and to $125.80 in New York

Marseilles-Fos port container throughput up 15 % in Q1