News 2007 April 3

TransGroup intends to ship the cars from Ust Luga

Petersburg Oil Terminal Q1 transshipment of oil products totals 2.6 million tons

Romania, Croatia, Serbia, Slovenia and Italy sign oil pipeline declaration

SOCAR exports 488.3 thou tons of oil products in Q1 07

Oslo Marine Group to set up its own shipping company by fall 2007

Con-way Freight and Tropical Shipping launch US-Bahamas/Caribbean service

PeopleNet signs record number of new customer fleets in 2006

SAL and ‘K’ Line inaugurate joint venture

Hoegh and MOL in Suez deal

IRI opens in Korea

Throughput of National Container Company up 27.8% in Q1 07, y-o-y

Daesun wins $24mn Qatar ship order

Kazakhstan to double its park of vessels by 2012

LUKOIL expands transportation infrastructure around Vysotsk island terminal

Billions to be invested in Sakhalin oil, gas projects in 2007

Net profit of Vostochny Port OJSC under RAS decreased 3.7 times to 90.04 mil rub

Far East Railway Q1 loading totals 12.46 million tons

Oil export of sea terminal DTC-Vysotsk “LUKOIL-II” up 26% in Q1 07

Adjustment of Danish tonnage-tax system

No NOx tax exemption for cruise vessels at Norwegian ports

WTSA to up rate US$200 per FEU on chilled veg from May

Daewoo shipyard delivers third of 12 newbuilds to MSC

Qingdao Port prepares for 2007 IPO in HK or China

OOCL Kuala Lumpur to be deployed on EUM service

New York-New Jersey port invests US$2b on upgrade after cargo record

S. Korean shipbuilders enjoy brisk orders in first quarter

Throughput of Vostochny Port OJSC totals 3.4 million tons in Q1 07

Oil price up to $68.74 in London, and to $65.94 in New York

China's CSIC starts building 7.4 bln yuan shipbuilding facility in Qingdao

Severstal to boost steel output by 10 million tons in 2008

Brazil Santos port moves record 6.17 mln tonn in February