News 2008 June 30

Russian oil exports fell 5.3% to 757mln bbl in Jan.-May

Foreign vessels are allowed to enter Russian water area for operations on Sakhalin-3 project

GS Group plans to acquire Daewoo Shipbuilding

Karachi Port Trust offers to connect Pakistan Railway to the port

China State Shipbuilding to sell Wenchong Shipyard for $443 mln

Dubai World to invest in 6 African countries

Daewoo Shipbuilding June orders reach $2.3 billion

Neptune Orient Lines will submit offer for Hapag-Lloyd next month

Greece's Thessaloniki port to detail tenders by end-July

Lilley & Gillie wins major contract to supply Navmaster ECDIS systems to 20 tankers operated by Overseas Shipholding Group, Inc.

Sovcomflot and Novoship integrate the commercial management of their fleets

Finnish president fails to win timber concessions

Russian oil export duty could exceed $495 per ton from August 1 – Finance Ministry

Ministry of Transport and Communications of Ukraine plans to build two new large seaports

CMA CGM to operate higher capacity vessels to India from 2009

India's ABG Shipyard bags US$136 mln order from Singapore

Greek NEL ferry hits reef; most of 475 passengers returned to port

India: Inadequate investment in ports may slow cargo growth

Bord Pleanala (Ireland) rejects Cork port plan

Public hearing on construction of ESPO-2 finished in Khabarovskiy Territory

Oil price up to $140.31 in London and to $140.21 in New York