"Russian port operator sees profits climb" from Portworld

"The company, based in the Black Sea port of Novorossiysk, reported profit of $233 million for the nine months to end September, up from $208 million in the same period last year, Revenue fell 1.7% to $499 million."

"China in Talks With Rakeen on Georgian Port Stake, Kobalia Says" from Bloomberg

"Chinese investors are in talks with Rakeen, a developer owned by the Gulf emirate of Ras al-Khaimah, on acquiring a stake in Georgia's Black Sea port of Poti, the Georgian economy and sustainable development minister said."

"Bulgaria, Russia set up up gas joint venture" from South China Morning Post

"Bulgaria and Russia have set up a joint venture to build and operate a stretch of the South Stream gas pipeline. South Stream Bulgaria, equally owned by Bulgarian Energy Holding and Gazprom, will plan, build and operate the Bulgarian stretch of the 3,600km pipeline to carry Russia gas to Europe through a 900km link under the Black Sea, bypassing the major gas supply route in Ukraine."