COMMENT | 15.04.2008

Tariffs Change

The new tariff rates on cargo rail transportation come into force from April 1. The Government of the Russian Federation made decision on additional freight railway tariffs indexation by 1%. The order of Federal Tariffs Service was signed on March, 14th.

INTERVIEW | 29.04.2008

Wagon Owners Wait for Laws

Private rolling stock owners complain of increase of price for rolling stock repair. They wait for changes in wagon repair sector which can hardly take place until the legislative base is improved. Alexey Sannikov, Director on transport logistics of “Mineral Group” considers that there are some problems despite of some positive tendencies in joint work of private companies and OAO RZD. These problems should be solved.

NEWS

Throughput of Riga Port up 20.3% in Jan-Apr, 08

08.05.2008 (17:33)

In January-April, 2008, the port of Riga increased its throughput by 20.3%, year-on-year, to 9.58 million tonnes.

Sweden: Monopoly on Rail Traffic to Be Abolished

08.05.2008 (16:54)

The Swedish Government is planning to abolish the monopoly that still exists on certain rail lines.

PKP Cargo to Improve Its Finances in 2009

08.05.2008 (16:46)

In the first quarter of 2008, the amount of goods transported by the Polish state-owned rail freight operator, PKP Cargo, fell by about 8%, when compared to the same time of the previous year.

DHL Inaugurates Industry’s Biggest Hub in Central America

08.05.2008 (16:40)

DHL has inaugurated its $4.5 million facility at the Tocumen International Airport in Panama – the industry’s largest hub in Central America.

London Gateway Gets Final Seal of Approval

08.05.2008 (15:53)

The UK government has granted the final seal of approval for the development of the container port at London Gateway, which incorporates Europe’s largest logistics park.

Throughput of Vanino Port OJSC up 13.8% in Q1 08

08.05.2008 (15:49)

In the first quarter 2008, stevedoring company Vanino Commercial Seaport handled 1.697.5 million tonnes of different cargo (+13.8%, year-on-year), the company informs according to PortNews.

Oil Could soon Ðit $200 a Barrel - Iranian Oil Minister

08.05.2008 (14:58)

The price of oil could reach $200 per barrel if current market conditions persist, Iran's oil minister said on Thursday according to RIA Novosti.

EXHIBITIONS AND CONFERENCES

Asia Railtec Summit 2008

14.05.2008 - 16.05.2008

China, Shanghai

Coaltrans Asia

01.06.2008 - 04.06.2008


Bali, Indonesia

CIEME 2008

01.09.2008 - 05.09.2008

The 7th China International Equipment Manufacturing Exposition

China, Shenyang

PRESS REVIEW

United Plans Direct Moscow Flights

08.05.2008 (14:03) | Moscow Times

United Airlines plans to start nonstop passenger and cargo flights from Washington on Oct. 26, becoming the third U.S. airline to offer direct flights to Moscow.

Gas Field Found in Hungary

08.05.2008 (14:00) | Kommersant

Gazprom will have new competition in Europe.

Evraz Buying into Another Chinese Co.

06.05.2008 (12:33) | Kommersant

Chinese media are reporting that Evraz Group wants to acquire 20 percent of the stock in FerroChina for the current market price of $167 million.

Greece Signs On to South Stream

30.04.2008 (15:13) | Moscow Times

Greece on Tuesday signed a deal to join Gazprom's South Stream gas pipeline in a move that Russian and Greek leaders said would strengthen energy security in Europe.

Rosneft Outranks LUKoil

29.04.2008 (14:50) | Moscow Times

State-run energy giants Rosneft and Gazprom rank higher than privately held LUKoil in terms of revenue transparency, according to a survey by Transparency International released Monday.