News 2008 July 22

Russian Railways announces H1 investment spending

RTL starts reception of cargo in the Forth district of Big Port of St. Petersburg

RF Ministry of Transport empowers Bureau Veritas to survey Russian-flagged vessels

Suez canal revenue surges in first half

Kuehne & Nagel reports 13% jump in Q2 earnings

Mordashov increases stake in TUI to 15.03%

India bans HK from port investment

Somalia pirates hijack Japanese ship

OOCL joins Climate Change Business Forum

UAE's Gulftainer signs deal with Turkey's Demas International

FESCO to complete the additional shares issue, raising $640 mln

Daewoo Shipbuilding's Q2 earnings up 12.6 per cent

Sea Port of Saint Petersburg insured property to RUR 200 mln

Naval exercise Northern Eagle 2008 starts in Barents Sea

S.Korea to privatise Daewoo Shipbuilding

Iran plans investment company for shipping sector

DP World container traffic surges 21%

Guangzhou Shipyard sees 2008 net profit not less than 1.445 bln yuan vs 939 mln

JICT to invest US$166 mln to expand Jakarta container terminal

SembCorp Marine wins $220m rig contract

Drydocks World plans to raise $2.2bn loan

Kalmar gets new order from South Africa’s Transnet Limited for 32 E-One+ RTGs

US GAAP net profit of Gazprom Neft up 110% to $1.411 mln in Q1 08

LUKOIL BOD approves the company’s Management Committee members

California's eco tax on containers threatens Hawaii imports

Zim to dock at Jamaica's Kingston Container Terminal

India doubles cost of planned Diamond Harbour container terminal

Odense shipyard to deliver 7,000-TEU ship for Maersk service

Oil price up to $132.61 in London and to $131.04 in New York