News 2009 May 15

Moody's withdraws FESCO's ratings

Throughput of Kotka port down 28% to 3.75 mln t in Jan-Apr 09

RAS net profit of Novorossiysk Commercial Sea Port down 2.8 times to RUR 362.3 bln in Q1 09

Russian Railways posts $532 mln RAS net loss in 1Q09

RAS net profit of Far East Shipping Company up almost 32 times to RUR 1.3 bln in Q1 09

Maersk Line abandons Goteborg

Mazeikiu Nafta suffers losses of 2 mln litas over the first three months

Net loss of Volga Shipping up 65% to RUR 168.9 mln in Q1 09

Cargo turnover in Latvian ports decreased by 0.9% in first four months

Throughput of Russian seaports up 5.1% to 151.5 mln t in Jan-Apr 09

Russia to raise oil export duty to over $152 per ton from June 1

St. Petersburg Governor signs Water Transport Law

Gazprom Neft not planning to increase dividends for 2008

Net loss of North Shipping Company up 3.2 times to RUR 99.6 mln in Q1 09

Oil price down to $56.69 in London and up to $58.62 in New York