News 2008 July 18

Russian Railways to invest in Baikal-Amur Mainline

New shipping rule may hit Indian offshore operations

US unveils new rule to prevent fuel tank explosions

New Russian law singles out Gazprom, Rosneft for continental shelf

Medvedev signs law to allot off-shore deposits without auctions

China’s Jiangsu New Yangzi wins $120m order for bulkers

Throughput of Vanino port up 6.7% to 3.446 million tonnes in H1 08

Rosneft prepares final repayment of USD 22 bln. bridge facility

Russia to boost oil output, Energy Minister says

Carlyle Group buys 50 per cent of Turkish shipyard

Japan's Mitsui OSK Q1 pretax profit seen up 20 pct

Russia's Transneft approves 2007 dividends

Rizhao becomes largest iron ore import port in China

India's largest private sector port at Krishnapatnam opens

Maersk increases bunker charges

Gold Star Line to withdraw from the trans-Tasman trade

Hamburg Sud to add seven new offices in China

Oil price down to $131.07 in London and to $129.29 in New York