News 2008 June 7

Western High-Speed Diameter is to be built by ZSD Nevsky Meridian LLC

BOD of Baltiysky Zavod recommends shareholders not to pay dividends for 2007

Trial trading at St. Petersburg International Commodity Exchange to be held in late August 2008

GNV pulls out of Marseilles ro-pax terminal deal

Far Eastern Bank raises its share in Vladivostok Sea Fishing Port to 17.69%

Two new ship-to-shore container cranes delivered to Petrolesport container terminal

New contract of Krasnoye Sormovo Shipyard and Palmali Group

Aker Yards delivered fast day ferry

Expected shipping boom fuels plan to build warehouse instead

East Siberian River Shipping expects 11% more cargo in 2008

Lukoil expects 1.2%-1.4% rise in oil production this year - Alekperov

Crude futures locked in their biggest single-day gains in the history of oil trading on Friday

Highway Ust-Luga – Novgorod – Moscow will be reconstructed

Throughput of Vostochny Port OJSC down 1.5% to 6.4 mln t in Jan-May 08

MSC, CCT hold vendors' seminar in Shenzhen

The death toll of the Yenisei vessel’s fire in Baltiysk has grown to seven