News 2007 April 24

RZHD to place the stake in TransContainer

Kazakhstan studying Caspian-Europe pipe to bypass Russia

LUKoil US GAAP net income grows 16.2% to $7.5 bln in 2006

Asian shippers protest liners' THC hike

Iron ore shipping rates may exceed 2-year high

Kuehne + Nagel Q1 profit up 28.2%

Coal ship rates surge on long loading queue

Keppel O&M wins orders worth $106 million

New Qatar-Finland marine joint venture set up

Turnover of Dutch shipbuilding industry reaches €3 billion

Orient Overseas Container Line orders another five 4,500-teu containerships at Samsung Heavy Industries

US share of global container throughput falling

China Merchants Energy pays US$343 million for four oil tankers

AP Moller Maersk to cut down US transport network

FESСO to build new railway container terminal in Moscow region

Russian icebreakers complete winter season of pilotage

Russia, India start anti-terror naval exercise in Pacific

Bintulu Port allocates RM400mil for capex

FESCO’s IFRS net profit totals $68.9 million in 2006

PSA (Singapore) forges car terminal joint venture

ICS not happy with new ACP changes

OMI/Frontline suezmax pool to continue

Construction of $1.5 Samsun-Ceyhan oil pipeline starts in Turkey

Oil price up to $68.15 in London, and to $65.89 in New York

BTS report says U.S. is second in world maritime container traffic

Bharati Shipyard forays into South America