News 2008 May 23

Gas production edges up in Russia

RosMorPort FSUE to spend RUR 120 billion for construction of ports and coast infrastructure - Parfeonov

OAO RZD and Transmashholding sign agreement for 100 mainline locomotives

China to raise Tianjin iron ore warehouse fees

Daewoo Shipbuilding wins $1.4 bln drill ship order

Norwegian Cruise Line fined US$1m for an explosion

CMA CGM maintains calls in French ports

Baltiysky Zavod to launch diesel-electric icebreaker Saint Petersburg on May 28, 2008

Moscow refinery OJSC completes routine maintenance

FESCO to reinvest profit

Russia's monthly oil output shrinks

Taimyr seaport closed because of flood

Seven tons of oil spilled in ship collision in north Russia

Throughput of RF transport system up 5.5% to 1.688.9 trillion t-km – Statistics Agency

S.Korea STX says to build shipyard in Azerbaijan

Dalian Port to build Changchun inland port

Neptune Orient to make a cash offer for Hapag-Lloyd

Malaysian Bulk Carriers reports Q1 profit

Iran to develop Bandar-e Anzali Port Free Trade and Industrial Zone

Commercial Port of Vladivostok ups throughput by 67% to 2.5 mln t from the beginning of 2008

Maersk raises capacity on Europe/Middle East ME3 service

Coscon to start independent CUE loop without Evergreen

Shanghai port April volume up 9pc, Yangshan terminal soars 42pc

Gov't to review cutting taxes for oil companies

CMA CGM doubles Asia-South America coverage

Oil price down to $130.51 in London and to $130.81 in New York

Kazakhstan set for long-term cooperation deal with Russia

Finnish railways to service 20,000 TEU