News 2008 May 15

RZD posts RAS net profit of 19.7 bln rubles in Q1

RosMorPort to invest RUR 12.5 bln into physical infrastructure in 2008

ICTSI and PIA sign Mindanao terminal concession

Evergreen, COSCON split CPG service

Mundra Port stock jumps 30% in a month

Greece gets three bids for Thessaloniki port

Paragon Shipping Inc. reports Q1 results

ERS Railways to expand links between Rotterdam, Italy and Poland

TUI sees slower growth in shipping freight rates

MOL to add 53 ore carriers to its fleet

Solvang and Neu Gas Shipping to establish International Gas Carriers

Maersk Line ends its Mediterranean/Brazil Itajai Express service

CKYH Alliance resumes AWE-Central service

Sinotrans, Changjiang Shipping plan merger

Eitzen Chemical ASA reports EBITDA of USD 31.8 million for the Q1

Throughput of Archangelsk Sea Commercial Port up 24% to 176,486 tonnes in April 08

Net profit of Ust-Luga Company up 40.7 times to RUR 161.8 mln in Q1 08

TransContainer and China Railways sign Memorandum on cooperation in transportation of containerized cargo

FESCO plans to acquire 50% of Vladivostok Container Terminal till July 2008

Stevedoring companies of Leningrad region handle 24.2 mln t of cargo in Q1 08

PRISCO extends the opportunities for marine specialists

Putin invites Kazakhstan to join in BPS-2 project

Hamburger Hafen und Logistik AG reports Q1 profit

Commissioning of ESPO’s first phase scheduled for December 25, 2009

Chevron to double bunker capacity at Panama facility

Hutchison, Cosco bid to operate Greek Port of Piraeus

Shanghai to build 10 expressways linking Yangtze valley cities

Oil price down to $121.86 in London and to $124.22 in New York

Russian oil pipeline BPS-2 to run to Ust-Luga port