News 2007 April 17

Sovcomflot to deploy three Baltimax tankers in the port of Primorsk

Indiga port project is shaky owing to lack of potential load – expert

Russian ports to handle 90-95% of Russian cargo carried by sea – deputy Minister of Transport

Vladivostok CS and COSCO to cooperate in cargo transportation between Chinese ports and Vladivostok

Burgas-Alexandroupolis pipeline to be open to exporters

Transnefteproduct to be fully integrated in Transneft

RusAl aluminum output grows 2.5% in 1Q07

Russia, India set to conduct naval maneuvers in Pacific

Throughput of the port of Kotka (Finland) up 7.3% in Q1 07, y-o-y

Barge traffic faces problems

NLMK posts higher 2006 net profit

Best Russian nuclear subs to be deployed in the Far East

Seaspan sees busy first quarter

OOCL announce new China India Express service

Korea may not extend phase-out deadline for single hull tankers

New Goteborg offshore company to order accommodation rig

Petrobras considers ethanol carrier fleet

Ship with Russian crew grounded off Japan

Seaspan orders four 4,250-TEU ships from China yards

Logistics expenditure expected to rise 11pc in China

Nantong port's Q1 box throughput up 14pc

Yantai Raffles shipyard to build third rig for Awilco

Throughput of Ukrainian ports up 22% in Q1 07, y-o-y

Russian crewmen rescued from stranded ship

Oil price down to $67.25 in London, and to $63.61 in New York

Toyota to establish new Vehicle Logistics Centre in port of Sagunto, Spain

ASL Marine secures new shipbuilding contracts worth S$116m

Tenders for Vizhinjam port (India) project