2019 January 9
The cost of fleet construction
In 2018, allocations for state measures supporting construction of new fleet in Russia exceeded RUB 2 billion, which allowed private customers have more than a hundred of different vessels built by domestic shipyards. Many ships were laid down under state orders.
2018 December 28
All things are in flux
The year of 2018 was crucial for water transport, shipbuilding and port industries with its key personnel changes, unexpected events and important legislative amendments. A lot is to be done in 2019.
2018 December 24
Trust but phase out imports
Russia is making much effort to upgrade its commercial fleet in most of segments: small-size ships, port fleet, tugboats, dredgers, icebreakers, Arctic tankers, supply ships and vessels of mixed sea/river navigation. To ensure multiplicative effect for the Russian economy this process should be based on the development of domestic manufacture of shipboard equipment.
2018 December 21
Phantoms of Russian infrastructure – 2018
The deficit of budget resources has expectedly lead to reduction of infrastructure projects. The state and the private business has focused on the priority projects. However, some plans are still “in the air” and their prospects are not clear.
2018 December 17
Northern ruble is warming
Enormous investments in creation and development of port facilities is required for the development of shipping on the Northern Sea Route. Among key projects are the Utrenniy terminal, oil terminal of Taimyr, Northern Latitudinal Railway and its extension to Sabetta. However, financial and shipbuilding capacity of the country cannot cover all the plans as scheduled.
2018 December 10
There is gas but no money
NOVATEK, key cargo shipper on the Northern Sea Route, has ambitious plans on creation of infrastructure for LNG shipments though state financing is lagging behind so far. The plans on construction of transshipment facilities in Murmansk and Kamchatka requiring application of unique technologies can be challenged by insufficient financing of the NSR infrastructure including that of Sabetta.
2018 November 28
The future of Russian ports will be determined by the plan for core transport infrastructure development till 2024, corporatization of Rosmorport and legislative improvements. All of this is to raise overall annual capacity of Russian ports by 350 million tonnes minimum with their throughput to grow by one third.
2018 November 23
Gas versus oil
Toughening of international requirements on marine fuel presents new challenges for Russia. RF Ministry of Energy is going to provide subsidies to manufacturers of low-sulfur fuel oil, Sovcomflot stakes on LNG, Atomflot calls for construction of nuclear-powered icebreakers while the global shipping community still says that “fuel” future is vague.
2018 November 19
Dry bulk transshipment via Baltic ports
Transshipment of Russian mineral fertilizers, ore and grain via the ports of the Baltic states surged in the 9-month period of 2018 but the trend can change with the appearance of a terminal handling mineral fertilizers in Ust-Luga, building up coal transshipment and creation of a dry cargo area at the port of Primorsk.
2018 November 13
Where does oil leak?
In the nine-months period of 2018, Russian ports of the Baltic Basin saw oil transshipment decrease of 17.4%, or almost 10 million tonnes. Slight decline of oil transshipment was also seen in the Far East Basin.
2019 April 15
Russia eyes greater energy dominance as Novatek taps Arctic
Novatek PJSC, the main shareholder of the Yamal LNG plant, says plans for further projects will transform Russia into one of the biggest exporters of the fuel within a decade...Russia eyes greater energy dominance as Novatek taps Arctic
2019 April 12
VGK cargo transhipment capacity replenished with vessels of 7500 t
Four new 100 m vessels with a carrying capacity of 7500 t each were delivered from the Indonesian shipyard to the Sakhalin Port of Korsakov on a special transport vessel Heavy Lift...VGK cargo transhipment capacity replenished with vessels of 7500 t
Construction Of Russia's Utrenny LNG Terminal To Cost Over $2.3Bln - Deputy Prime Minister
The total investment in the Utrenny liquefied natural gas (LNG) terminal in the port of Sabetta in Northern Siberia will exceed 150 billion rubles...Construction Of Russia's Utrenny LNG Terminal To Cost Over $2.3Bln - Deputy Prime Minister
New super-trawlers give RK Lenina, Russian Fishery Company more fishing, processing firepower
A new super-trawler being built for Russia’s Collective Farm Fishery by V.I. Lenin (RK Lenina) will be equipped with state-of-the-art processing and chilling equipment provided by Skaginn 3X and Frost...New super-trawlers give RK Lenina, Russian Fishery Company more fishing, processing firepower
2019 April 11
Shell exits Russian LNG joint venture with Gazprom
Energy giant Shell today announced that it is leaving the joint project it was developing with Gazprom in Russia, following the Russian gas company’s decision to alter its configuration...Shell exits Russian LNG joint venture with Gazprom
Russia’s Arctic shipping route to attract over $11 billion in investments
Total investments into the development of Russia’s Northern Sea Route (NSR) will exceed 735 billion rubles (US$11.3 billion)...Russia’s Arctic shipping route to attract over $11 billion in investments