2017 May 24
Vitaly Gvozdev: We have designed a crab boat for the first time in Russia
New Russian design company Nordic Engineering JSC established by a large German shipbuilder, Nordic Yards Holding GmbH, has obtained from its parent company the most advanced technologies and entered the market of Russia. Today, this fully Russian engineering company has asserted itself with a unique project of a crab boat that can cost just $10-12 mln, says Vitaly Gvozdev, Director General of Nordic Engineering JSC.
2017 May 23
Investors will not be scared away
The main concern about availability of stevedoring services is associated with the deficit of transshipment facilities for certain cargoes. The issue can be dealt with only through investments into development of the facilities while interference of state authorities just scares away potential investors. To ensure the market balance, free capacity should make 25-30% of total terminal capacity, believes the Ministry of Transport.
2017 May 16
Yalta to welcome cruises
The port of Yalta is going to become profitable in 2017 after a loss of RUB 156 mln. The Port Director Denis Volkov is set to build up transshipment of cargo delivered from mainland Russia and make transportation of tourists by the port’s own fleet surge six times, not including the plans on Sochi – Yalta ferry service. That will be facilitated by the recent launching of the port reconstruction with budget allocations of RUB 2.6 bln.
2017 May 12
In the four-month period of 2017, throughput of Russian seaports grew by more than 10%, which exceeds the average growth of recent years. Key drivers of that growth are coal, grain and crude oil from the Novoportovskoye field, despite the OPEC oil production cut agreement.
2017 May 5
Regulate and rule
Reports on operation of Russian ports and cargo handling have recently settled among the most important news of the business industry. Sea terminals bring a significant share of income to coastal regions. No wonder that privatization of the two ports - Novorossiysk and Makhachkala – have excited the public so much. Although some authorities call on to release stevedores from excessive state regulation, others, namely the Federal Antimonopoly Service, resist this in every possible way, and the reasons for this are not entirely unclear to the market.
2017 April 27
Strategy game of Saint-Petersburg
The development of Petrolesport container terminal has been given a status of a strategic project by Saint-Petersburg Administration. However, amid the excessive container facilities the capacity of which is twice as high as even the long-term requirements, this project does not seem to be economically expedient. It is quite possible that the project is focused on the sale of land though Global Ports does not confirm that.
2017 April 21
Absolute record without a single incident
Sergei Safonichev, head of FSBI Azov Sea Ports Administration, tells IAA PortNews about the winter navigation season and current plans of ASPA.
2017 April 18
Financing of shipbuilding projects
Eternal problem of Russian economy is the inaccessibility of "long" and cheap money, which has the highest impact on industries with long payback periods. Shipbuilding is among them. Starting from 2009, the problem has been handled through subsidies provided to cover the leasing interest rates, budget financing of manufacturers and leasing companies with preferential interest. Now the discussion has unfolded around an even larger leasing program.
2017 April 17
Sovcomflot switches to gas
SCF Group, in partnership with Shell, initiated the transfer of an entire segment of tanker market to more efficient, "green" technologies. In June 2018, SCF will start operating Aframax tankers powered by LNG. Experts agree that this decision opens a new phase in the development of maritime fleet.
2017 April 10
Yevpatoria makes it to reconstruction
State expert evaluation authority Glavgosexpertiza has approved the project on reconstruction of the commercial seaport of Yevpatoria for RUB 525 mln. IAA PortNews finds out that it will cover only part of the port’s demands...
2017 May 26
Russia’s legendary barque Kruzenshtern calls at Belgian port
Russia’s legendary windjammer Kruzenshtern, which is on its first training voyage of the year, has called at the Belgian port of Oostende to take part in an international festival of sailing vessels...Russia’s legendary barque Kruzenshtern calls at Belgian port
Urals oil exports from Baltic ports to fall in June
Russia's June Urals crude exports from the Baltic Sea ports are expected to fall by 15 percent compared with May on a daily basis to 5.51 million tonnes...Urals oil exports from Baltic ports to fall in June
Making sense of low sulphur fuel terminology: ULSFO RM/DM and VLSFO RM/DM
The arrival in the market of marine fuels meeting a 0.10% sulphur limit that were not marine gas oils (MGO) has led to a raft of names, some of which have proven to be misleading...Making sense of low sulphur fuel terminology: ULSFO RM/DM and VLSFO RM/DM
2017 May 25
Cargo turnover of Klaipedos nafta continues to decline
The reduction was caused by interruptions in the supply of petroleum products from Belarusian refineries, which began in the summer of 2016...Cargo turnover of Klaipedos nafta continues to decline
Norwegian trawler owner detained in Russia seeks diplomatic aid
The shrimp trawler recently held in Murmansk port by the Russian Coast Guard could negatively affect cooperation in the Barents Sea...Norwegian trawler owner detained in Russia seeks diplomatic aid
Russia may be using its railroad monopoly to retaliate against the Baltics
Russia's state-owned railway monopoly is refusing most requests to take cargo from Russia to ports in Latvia, industry executives said, a serious blow to the Baltic state which depends on the transit trade...Russia may be using its railroad monopoly to retaliate against the Baltics