2017 June 20
Reach out with a ferry
RF Government has approved a programme for construction of ferries to be operated on Ust-Luga – Baltijsk line. However, it is also reasonable to launch a container line between Saint-Petersburg and the Kaliningrad Region to ensure proper links of the mainland Russia with the exclave.
2017 June 13
Irina Olkhovskaya: “Russia’s share in global coal market has shown insignificant increase”
Irina Olkhovskaya, First Deputy Director and Commercial Director of Port Management Company LLC, tells IAA PortNews about the situation in Russian and international coal market and covers the challenges of coal delivery to sea terminals.
2017 June 5
Silk and mortgage
The SPIEF 2017, St. Petersburg International Economic Forum dedicated to transport and logistics, was focused on the search of mechanisms to finance the infrastructure amid the budget deficit and on looking into drawing of cargo flows from seaborne transport to railways in the framework of Asia-Europe corridor.
2017 June 1
State programme for LNG
Russia’s Ministry of Transport has developed a state programme ‘Expanding the use of natural gas as fuel for transport and special purpose equipment’ to encourage construction of LNG-powered ships and development of required infrastructure with the Baltic Sea and the Rebublic Tatarstan to be pilot regions in the part of sea transport and river transport accordingly.
2017 May 29
River finances are looking for balance
Russia’s strategy for the development of inland water transport till 2030 implies the construction of over 13,500 river ships and ships of mixed sea/river navigation. Implementation of those plans still faces a number of challenges including a tariff policy that lacks balance between different types of transport and a vague package of measures for financial support of ship owners.
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 October 19
Russian captain fined for running aground at Rathlin Island
The captain of a Dutch motor vessel that ran aground at Rathlin Island has been fined £1,000 at Armagh Magistrates’ Court after pleading guilty to failing to keep a proper look out...Russian captain fined for running aground at Rathlin Island
Container throughput in Rotterdam maintains strong growth rate
In the first nine months of 2017, the throughput of containers increased by 10.1 percent compared to the corresponding period in 2016, to a total of 10.2 million units...Container throughput in Rotterdam maintains strong growth rate
Russia, Finland eye trans-Arctic data cable connect with Japan, China
Russia and Finland are discussing the creation of a trans-Arctic fiber-optic data cable that would connect Finland, Norway and Russia with Japan and China...Russia, Finland eye trans-Arctic data cable connect with Japan, China
Russian officials admit that sanctions are throwing nuclear icebreaker plans behind
While Russian authorities assert that their newest and most powerful icebreaker, the Arktika, will be ready to take to the seas in 2019, fresh admissions that sanctions are hobbling the effort are laying the groundwork for more possible delays...Russian officials admit that sanctions are throwing nuclear icebreaker plans behind
SCZone, Russia consider launching investment project worth $7bn
A number of meetings were held between the General Authority for the Suez Canal Economic Zone (SCZone), the Egyptian Ministry of Trade, and the Russian economic delegation to implement an investment project worth $7bn in East Port Said...SCZone, Russia consider launching investment project worth $7bn
2017 October 17
Third icebreaker close to departure for Sakhalin-2
A new icebreaking multi-purpose supply vessel for the Sakhalin-2 project offshore eastern Russia is due to undergo a naming ceremony...Third icebreaker close to departure for Sakhalin-2