Infos Transport (Patrice Salini)

NYK secures long-term charter contract with EDF Trading selon : eyefortransport.com Nippon Yusen Kaisha (NYK) has secured a five-year charter contract with EDF Trading – NYK’s third long-term charter contract with a European power supplier for a bulk carrier. __________________________________________________ (7/19/2006) In June this year, NYK Bulkship (Europe) Ltd agreed a ten-year charter contract for two post-Panamax bulkers with Italian electric company, ENEL SPA. NYK's Capesize Bulker Group and Steaming Coal Group have secured many contracts with overseas power suppliers and steel manufacturers. In order to further expand their overseas business activities, NYK established the Capesize & Panamax Bulker Team in April of this year, integrating the overseas business activities of the Capesize Bulker and Steaming Coal Groups, which had previously been conducted independently. Due to the recent increases in petroleum prices, many electric suppliers around the world are focusing

Russian Railways to create freight subsidiary selon http://www.eyefortransport.com/ --------------------------------------- The Russian Railways management board has discussed the creation of a freight subsidiary, and a plan is to be recommended to the company’s supervisory board with a view to the new company becoming operational in January 2007. (7/17/2006) Russian Railways believes that spinning off the freight business would solve four main tasks: Guarantee competitiveness of Russian Railways’ freight business by offering similar tariff conditions to other players on the goods transportation market Guaranteed transparency, increased financial efficiency and the end of cross-subsidies to other types of transportation Increased investment attractiveness of the freight company, allowing it to raise the funds necessary to renew the rolling stock The ability to sell a minority stake through an IPO and allocate the funds raised to the renewal of rail infrastructure According to the plan,