News 2007 April 18

Construction of Eurasia-America railroad could cost $55-$67 bln

New ro-ro line opens in the port of Gdansk

Oktyabrskaya Railway to develop railway approaches to LUKOIL terminal

The volume of oil primary distillation in Russia in April 2-8 up 2.7% to 4.264 mil tons

Oil export via the port of Primorsk up 18% in Q1 07, y-o-y

Throughput of the port of St. Petersburg up 18% in Q1 07, y-o-y

Stena Bulk reports SEK billion profit for 2006

Russian shareholder pledges equal access to Balkan oil pipeline

RZHD relies upon 25% in Ust Luga

Throughput of Odessa Commercial Seaport (Ukraine) up 25.3% in Q1 07, y-o-y

Greek parliament ratifies Balkan pipeline agreement

Throughput of Arkhangelsk Commercial Seaport up 4.5% in Q1 07, y-o-y

RZHD investments in the railways to ports

Oil price down to $65.93 in London, and to $64.46 in New York

OTPP threatens to pull out of New York terminal deal

Building underway on Maasvlakte’s new container terminal

OOCL launches China-India Express service

South African ports handled a total of 178.915 million tonnes of cargo in 2006

Teekay, Torm to split OMI

Frontline confirms last two suezmax vessels

DFDS swap ships on the North Sea routes

Emirates, TS Lines partner on E Africa services

China Merchants Holdings sees profits rise 7.4pc in 2006

Fangcheng (China) to double handling capacity by 2010

APL's CIX service to serve booming N China-India trade

Georgia Ports Authority to invest US$1.2b to fuel trade growth with Asia

The first Caspian dockyard to be built in Baku

Hutchison Whampoa picked as preferred port operator in Brisbane

Yantai Raffles Shipyard announces yet another new order

Gdansk shipyard (Poland) wants to produce for the army